TechFlow news — On January 13, according to CoinDesk, Capital Group, an investment management firm with $2.3 trillion in assets under management, has become one of the major shareholders of Metaplanet, holding a 5% stake.
Metaplanet, a Japan-based hotel investment company, has seen its stock price surge over 1,700% since adopting a Bitcoin reserve strategy in April 2024. The company currently holds 1,762 bitcoins, making it the fifteenth-largest publicly traded company globally in terms of Bitcoin holdings.
Notably, Capital Group is also the second-largest shareholder of MicroStrategy, owning 8% of the company, just behind founder and Executive Chairman Michael Saylor.
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