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Capital Group's Growth ETF has acquired an additional 535,304 shares of Strategy Inc., the company previously known as MicroStrategy, bringing its total holdings to approximately 2.19 million shares. This investment is valued between $336 million and $366 million, depending on stock price fluctuations at the time of the transactions. Capital Group, a major asset manager with approximately $3.3 trillion in assets under management, continues to show significant interest in the Bitcoin-focused company.
The purchase was made through the Capital Group Growth ETF, which trades under the ticker CGGR. This acquisition follows another substantial investment by Capital Group in April 2026, when a different fund, ANCFX, added 4.32 million shares of Strategy for about $747 million, increasing its total holdings to around 10.33 million shares valued at approximately $1.78 billion.
Strategy Inc. has transitioned from a traditional software company to a leveraged vehicle for Bitcoin, holding a significant amount of the cryptocurrency on its balance sheet. The company has financed its Bitcoin acquisitions primarily through equity and convertible notes, making it an appealing option for institutional investors seeking regulated exposure to Bitcoin without the complexities of direct cryptocurrency ownership. As of June 30, 2026, institutional ownership of Strategy stood at about 61.55%, with Capital International Investors being one of the largest stakeholders. This trend of institutional buying has historically been associated with positive movements in the stock, although the share price remains closely tied to Bitcoin's performance.
Source: KLEA News