Share this article
Global Investment Giant Capital Group Reaches 5% Stake in Bitcoin Holder Metaplanet
Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.
Jan 13, 2025, 3:57 p.m.
Make us preferred on Google
What to know:
- Investment manager Capital Group, with $2.3 trillion in assets under management, has become a 5% shareholder in Metaplanet.
- The company is also the second largest shareholder in MicroStrategy after executive chairman Michael Saylor.
One of the largest investment companies in the world with more than $2.3 trillion in assets under management, Los Angeles-based Capital Group has become one of the biggest shareholders in Metaplanet.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Based in Japan, Metaplanet was a hotel industry investor that's become notable over the past year for its bitcoin treasury strategy modeled along the lines of Michael Saylor's MicroStrategy (MSTR). Capital Group's boosted stake was noted in an X post by Metaplanet CEO Simon Gerovic.
Metaplanet holds 1,762 BTC and is the fifteenth-largest publicly traded company that holds bitcoin. Since they adopted a bitcoin treasury strategy in April 2024, their share price is up over 1,700%.
Capital Group is also the second largest shareholder of Bitcoin development company MicroStrategy (MSTR), owning 18.4 million shares, or more than an 8% stake in the company. Only founder and Executive Chairman Michael Saylor holds a larger stake. Other sizable investors include Vanguard Group, Morgan Stanley and Jane Street Group.
Read more: MicroStrategy Added 2,530 Bitcoin for $243M, Bringing Holdings to 450K BTC
More For You
How AI is helping retail traders exploit prediction market 'glitches' to make easy money
A fully automated bot quietly captured micro-arbitrage opportunities on short-term crypto prediction markets, netting nearly $150,000
알아야 할 것:
- The bot exploited fleeting moments when “Yes” and “No” contracts briefly summed to less than $1, locking in roughly 1.5%–3% per trade across 8,894 executions.
- With typical five-minute crypto prediction markets showing only $5,000–$15,000 per side in depth, large desks would struggle to deploy serious capital without erasing the spread.
- As AI systems increasingly arbitrage prediction markets against options and derivatives pricing, these venues risk becoming reflections of broader crypto markets rather than independent sources of crowd-based probability.
Top Stories
