Investment giant Capital Group’s $1B bet on Bitcoin treasuries balloons to $6B
Capital Group has turned a $1 billion bet on Bitcoin treasury stocks into $6 billion, with major holdings in Strategy and Metaplanet. Capital Group, a 94-year-old mutual fund powerhouse known for its conservative investment approach, has grown a $1 billion position in Bitcoin-related stocks into more than $6 billion. Mark Casey, a portfolio manager with…