Capital Group Fund Adds 143,975 Shares to Its Strategy Stake

Capital Group’s Fundamental Investors fund added 143,975 shares of Strategy (MSTR), bringing its position to 11.65 million shares and deepening the asset manager’s exposure to the Bitcoin-focused company. The purchase was valued at about $20 million. Capital Group’s Growth ETF also previously added 535,300 Strategy shares, raising its holding to 2.19 million, in an earlier increase in the fund’s Strategy stake . Strategy’s corporate treasury focuses on accumulating Bitcoin (BTC). Its shareholders face risks tied to the company’s crypto holdings alongside the usual risks of owning stock. Enna Lee reports on investing and digital-asset markets for TokenPost.

Source: TokenPost