#Capital Group Invests in Metaplanet#

Global investment giant Capital Group has taken a stake in Japanese hotel investor Metaplanet, acquiring a 5% stake to become one of its largest shareholders. Metaplanet has gained notoriety for its Bitcoin-funding strategy, which mimics MicroStrategy's, and has seen its stock price soar over 1700% in the past year. Capital Group, one of the world's largest investment firms managing over $2.3 trillion in assets, is signaling its endorsement of Metaplanet's Bitcoin investment strategy. Notably, Capital Group is also MicroStrategy's second-largest shareholder, holding over 8% of the company. This series of investments suggests that traditional financial institutions are gradually embracing Bitcoin and incorporating it into their investment portfolios. Metaplanet holds 1762 Bitcoin, making it the 15th largest publicly traded company to hold Bitcoin, and its successful investment strategy provides a blueprint for other companies.