Another multi-trillion asset manager has entered the Bitcoin game: Capital International Investors, a division of Capital Group, which itself is an investment firm with over $2.3 trillion in assets under management, has purchased 953,242 shares in business intelligence firm MicroStrategy, according to an SEC filing released last week.

In doing so, the firm now holds a 12.2% stake in Michael Saylor's company, after initially buying 1% worth of its shares in March.

The most recent purchase already took place on June 30th, making Capital Group MicroStrategy's third-largest shareholder with Saylor himself taking the top spot and $7 trillion asset manager BlackRock coming in second.

MicroStrategy is the largest bitcoin holder among public companies, having purchased 105,084 bitcoin to date at an aggregate price point of $2.74 billion. At today's prices, the firm is around $360 million in profit on its purchases — although Saylor has previously states his plans for MicroStrategy to hold bitcoin "for 100 years."

With MicroStrategy's Bitcoin holdings, it is rather likely that any large-scale investment is done to gain exposure to the asset. Capital Group thereby follows in the footsteps of other asset managers such as Stone Ridge asset Management, SkyBridge, and BlackRock.

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