According to documents submitted to the US Securities and Exchange Commission( SEC) last week, the well-known asset handling practice “Capital International Investors( CII) ” has purchased close to 1 million shares of Microstrategy( MSTR-US ).
So far last year, MicroStrategy has bought more than 100,000 bitcoins in batches. In other words, this companionship has indirectly hampered bitcoins through investment in MicroStrategy. After the information came out, MicroStrategy’s stock price rose about 1.5% to $628.44.
US SEC records show that Capital International Investors currently supports 953,242 shares of MicroStrategy stock, accounting for 12.25% of the company’s A shares, with a current valuation of approximately US $440 million.
“CNN” data prove that, currently, Capital International Investors MicroStrategy became very the second stockholder, behind BlackRock Fund Advisor( BlackRock Fund Advisors).
Capital International Investors is a branch of the “Capital Group”, a world asset management firm established in Los Angeles in 1931, known for its “value investing”. According to reports, Capital Group is the world’s sixth largest asset management company. As of December 31 last year, its assets under management exceeded US $2.2 trillion.
June 21 this year so far, MicroStrategy has a total of 105,085 bits of Bitcoin, invested a total of$ 2.741 billion, equivalent to an average price of$ 26,080 each expending Bitcoin. As of press experience, these bitcoins are worth approximately $3.63 billion.
At present, MicroStrategy is already the world’s rostered fellowship propping the largest number of bitcoins. It is conceivable that the connection between this company and bitcoin is inseparable.
Citron Research, a well-known short-selling institution, previously stated that comparison with instantly buying bitcoins, indirectly bracing bitcoins through investment in MicroStrategy is the best method of operation, and is optimistic about the company’s target price of $700.
