{"id":9463,"date":"2021-07-12T00:54:03","date_gmt":"2021-07-12T00:54:03","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/capital-international-buys-nearly-1-million-shares-of-bitcoin-focused-microstrategy\/"},"modified":"2021-07-12T00:54:03","modified_gmt":"2021-07-12T00:54:03","slug":"capital-international-buys-nearly-1-million-shares-of-bitcoin-focused-microstrategy","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/capital-international-buys-nearly-1-million-shares-of-bitcoin-focused-microstrategy\/","title":{"rendered":"Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy"},"content":{"rendered":"<p><strong>Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins.<\/strong><\/p>\n<p>Capital International Investors (CII) <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1050446\/000156223021000116\/SEC13G_Filing.htm\">informed<\/a> the SEC in a filing dated July 12 that it has purchased shares of Microstrategy\u2019s Class A common stock (MSTR). The filing states:<\/p>\n<p>CII is deemed to be the beneficial owner of 953,242 shares or 12.2% of the 7,782,568 shares believed to be outstanding.<\/p>\n<p>Capital International is a division of Capital Group, a global investment management firm established in Los Angeles, California, in 1931. The firm ranks among the world\u2019s oldest and largest investment management organizations, with over $2.2 trillion in assets under management as of Dec. 31, 2020.<\/p>\n<p><!-- growjs zone placement 31 -->   <!-- end of growjs zone placement --> <\/p>\n<p>Microstrategy has been acquiring bitcoin as its key strategy. On June 21, CEO Michael Saylor <a href=\"https:\/\/news.bitcoin.com\/microstrategy-buys-489m-worth-of-bitcoin-company-now-holds-more-than-100000-btc\/\">announced<\/a> that his company\u2019s bitcoin holdings had reached 105,085 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\">BTC<\/a> acquired for about $2.741 billion at an average price of approximately $26,080 per bitcoin.<br \/>\nAt the time of writing, Microstrategy\u2019s bitcoins are worth more than $3.62 billion.<\/p>\n<p><em><strong>What do you think about Capital International gaining bitcoin exposure by buying almost 1 million shares of Microstrategy? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nFinance, capital group, capital group bitcoin, capital group crypto, capital group cryptocurrency, capital international, capital international bitcoin, Common Shares, microstrategy, MSTR, mstr stock<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares of Microstrategy\u2019s Class A common stock (MSTR). The filing states:&hellip;<\/p>\n","protected":false},"author":0,"featured_media":9464,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9463"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9463"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9464"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}