Capital Group Raises Bitcoin Holdings to Over $6B as Veteran Manager Mark Casey Becomes Advocate
The post Capital Group Raises Bitcoin Holdings to Over $6B as Veteran Manager Mark Casey Becomes Advocate appeared on BitcoinEthereumNews.com.
COINOTAG News on September 14, citing Cointelegraph, reported that Capital Group, the 94-year-old mutual fund giant, increased its holdings in Bitcoin-related stocks from roughly $1 billion to more than $6 billion. According to The Wall Street Journal, portfolio manager Mark Casey—whose approach draws on Benjamin Graham and Warren Buffett—led the firm’s strategic entry into Bitcoin and described the asset as “very interesting” during an interview on the Andreessen Horowitz podcast. Over the past four years, Capital Group has principally broadened its crypto exposure by allocating capital to publicly traded Bitcoin reserve companies, entities that accumulate and report Bitcoin on their balance sheets to enhance institutional exposure. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/capital-group-raises-bitcoin-holdings-to-over-6b-as-veteran-manager-mark-casey-becomes-advocate/
Filed under: News - @ September 14, 2025 11:24 am