Crypto
Capital Group Boosts Stake in Bitcoin Treasury Company Strive ASST
Capital Group, the world's largest active fund management company, has increased its holdings in Strive ASST, a Bitcoin treasury company. The SMALLCAP World Fund under Capital Group now holds a total of 2.93 million shares, valued at $33.62 million. This represents an increase from the previous holding and demonstrates the group's confidence in the digital asset.
The disclosure comes via BitcoinTreasuries.NET, which reported on X that the fund's new holdings are worth $5.52 million. Capital Group manages a massive $3.3 trillion in assets under its care.