Capital Group

US Financial Giant Capital Group Buys 12% Stake in Bitcoin-Exposed MicroStrategy

The purchase provides the firm with indirect exposure to MicroStrategy's more than 105,000 bitcoin reserves.

By Sebastian SinclairJul 13, 2021

MicroStrategy CEO Michael Saylor

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Latest Crypto News

Today

8:00 PM

Negative

What if crypto's U.S. market structure effort just never gets there?

Guessing the direction of Congress is akin to long-range weather prediction, with so many variables in play, and the industry's fate depends on a break in the storm.

7:56 PM

Negative

XRP slumps as bitcoin once again falls back to $85,000 level after surge

Crypto markets swung sharply Thursday following a softer-than-expected U.S. CPI print, which briefly lifted bitcoin above $89,000 during U.S. hours.

7:17 PM

Neutral

BTC0.00%

Polkadot's DOT Slips 2% on above average volume

The decline occurred on volume that was 35% above the token's 30-day average.

6:43 PM

Negative

BTC0.00%

Filecoin price falls 1% after earlier strength, underperforms wider crypto markets

The storage token hit an intraday high of $1.26 before selling off sharply to trade down on the day.

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