Mutual Fund Giant Capital Group's Bitcoin-Related Stock Holdings Soar from $1 Billion to Over $6 Billion

2025.09.14 19:16:22

On September 14th, as per the report by Cointelegraph, Capital Group, a mutual fund behemoth with a 94-year history and renowned for its conservative investment approach, has witnessed its holdings in Bitcoin-related stocks increase from $1 billion to more than $6 billion. According to The Wall Street Journal, Mark Casey, a portfolio manager at Capital Group with 25 years of experience, took the lead in the company's entry into Bitcoin. Casey stated that his investment style was profoundly influenced by Benjamin Graham and Warren Buffett, but he has now become a proponent of Bitcoin. Casey said in an interview on the podcast of the venture capital firm Andreessen Horowitz: "I just have a fondness for Bitcoin. I think it is extremely interesting." He referred to Bitcoin as "one of the coolest things ever created by humanity." Over the past four years, Capital Group has mainly augmented its Bitcoin exposure by investing in so-called "Bitcoin reserve companies" (that is, publicly traded companies that accumulate and hold Bitcoin on their balance sheets).

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