$2.6 Trillion AUM Firm Is Second Largest Shareholder In Strategy, Metaplanet

A $2.6 trillion in assets under management (AUM) company has become the 2nd largest shareholder in both Strategy and Metaplanet.

US President Donald Trump’s Bitcoin strategic reserve strategy has enticed a number of firms to add Bitcoin to their corporate treasuries, while some have invested in the largest companies actively buying Bitcoin.

Active Bitcoin buyers Michael Saylor’s Strategy (formerly MicroStrategy) and Japan-based Metaplanet have attracted investments from some of the largest companies, such as Capital Group.

Capital Group Becomes Second Largest Shareholder in Metaplanet

Metaplanet CEO Simon Gerovich, in an X post on June 20, disclosed that Capital Group became the 2nd largest shareholder in the company.

It now has a worth almost $0.5 billion, accounting for 6.10% of the total number of shares. Capital Group has increased its shareholding by 1,819,100 shares to a total of 36,624,100 shares.

This comes as Metaplanet raises more funds by offering corporate bonds to buy Bitcoin. The largest holder in Metaplanet is MMXX Venture, with 6.99% of total shares. At the time of writing, the company held shares worth nearly $0.6 billion.

Gerovich said Capital Group held a 5% shareholding in Metaplanet in January this year, becoming the 3rd-largest shareholder. “Honored to have their support as we drive innovation and shape the future of finance,” he added.

Metaplanet Plans to Buy 210,000 Bitcoin

Asia’s MicroStrategy scooped another 1,112 BTC for $117 million (16.88 billion yen) recently, reaching its 2025 goal of acquiring at least 10,000 BTC.

Metaplanet announced a plan to raise $5.4 billion to purchase 210,000 BTC by 2027. Under the new goal, the company will issue 555 million shares through moving strike warrants to acquire more Bitcoin.

The highly ambitious plan also underscored the Japanese firm’s plan to narrow the gap with its peers.

Metaplanet Inc. (3350.T) stock price closed 0.95% lower at 1,781 yen on Friday. As per Yahoo Finance, the stock price has rallied nearly 420% year-to-date.

Capital Group’s Shareholding in Michael Saylor’s Strategy

Capital Group is also the 2nd largest shareholder in Strategy, the largest corporate holder of Bitcoin. It holds 14,679,783 shares of MSTR worth $4.23 billion.

Vanguard Group is the largest stockholder in MSTR. Vanguard’s shareholding now have a net worth of almost $5.90 billion.

On June 16, Michael Saylor’s Strategy reported Bitcoin purchase worth $1.05 billion. With the latest purchase, the company held 592,100 BTC worth nearly $62.78 billion.

Several companies have followed the company’s strategy to add Bitcoin to their corporate treasuries.

In the last 24 hours, companies such as The Blockchain Group, Coinsilium Group, ANAP, and Vanadi Coffee have added Bitcoin to their reserves.

Notably, Vanadi Coffee purchased an extra 2 BTC and now has 34. Moreover, Coinsilium Group and The Blockchain Group purchased 10.2146 BTC and 182 BTC, respectively.

Bitcoin Price Action

BTC price has jumped nearly 1% in the past 24 hours, with the price trading at $105,903. The 24-hour low and high were $103,940 and $106,539, respectively.

Furthermore, the trading volume has decreased by 17% in the last 24 hours, indicating a decline in interest among traders.

The decline in trading volume was due to reports that the United States federal agencies were preparing to possibly strike Iran as the conflict between Israel and Iran escalates.

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