The post Capital Group turns $1B Bitcoin bet into $6B windfall appeared on BitcoinEthereumNews.com.

Capital Group, the nearly century-old mutual fund giant known for its cautious investment style, has expanded a $1 billion stake in Bitcoin-related stocks into more than $6 billion. Mark Casey, a portfolio manager with 25 years at the firm, led the strategy. According to a Sunday report by The Wall Street Journal, Casey, who credits Benjamin Graham and Warren Buffett as key influences on his investment philosophy, has become a vocal advocate for Bitcoin. “I just love Bitcoin, I just think it is so interesting,” Casey said during a podcast interview with venture firm Andreessen Horowitz. He called Bitcoin “one of the coolest things that has ever been created by people,” per the WSJ report. Over the past four years, Capital Group has expanded its exposure mainly through investments in Bitcoin treasury companies, public firms that accumulate and hold Bitcoin on their balance sheets. US fund house Capital Group has appointed Henry Chan to lead financial intermediaries in Hong Kong. In his new position, Chan will manage the city’s team of financial intermediaries, focus on expanding distribution, and enhance existing working relationships with clients. He will be based in Hong Kong and will report to Toby Chan, the head of the Greater China client group. With 20 years of industry experience, Chan has considerable expertise from time spent in distribution roles at large asset managers, including seven years with Capital Group. This appointment reinstates Capital Group’s strong commitment to Hong Kong as a key market and its emphasis on delivering high-quality service through deep client relationships and thought leadership. Capital Group turns $500M Bitcoin Bet into $6.2B payday Capital Group’s most prominent Bitcoin-linked investment is in Strategy (formerly MicroStrategy), the software company turned Bitcoin vehicle under founder Michael Saylor. In 2021, the firm purchased a 12.3% stake in Strategy for…

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Filed under: News - @ September 15, 2025 1:21 am