Capital Group boosts MetaPlanet stake by 18.58 million shares to $161 million

The Capital Group’s SMALLCAP World Fund has expanded its investment in Bitcoin treasury company MetaPlanet by acquiring an additional 18.58 million shares, bringing its total holdings to 79.8 million shares valued at $161 million. This move aligns with a broader trend among institutional investors who are increasingly allocating resources to companies like MetaPlanet that are adopting Bitcoin as a primary reserve asset, capitalizing on the growth of the cryptocurrency market.

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