Capital Group's CGGR ETF boosts Strategy stake by $89M
- —CGGR bought 535,304 MSTR shares for about $89 million
- —Total fund position now 2.19 million shares worth $366 million
- —Capital Group manages $3.6 trillion in assets
Why it matters: A major traditional asset manager is expanding its Bitcoin exposure via Strategy stock, adding support for MSTR demand.
Source: PANews