Institutional Confidence in Bitcoin Grows as Capital Group Takes Top Stake in Metaplanet

Capital Group has emerged as the largest shareholder in Metaplanet Inc., a Tokyo-based Bitcoin treasury firm, after increasing its stake to 11.45% of voting rights, valued at approximately $500 millionCapital Group Now the Top Metaplanet Shareholder: Here’s How …^[1]. This move, confirmed in filings with Japan’s Kanto Local Finance Bureau on September 25, 2025, surpasses National Financial Services LLC, which previously held 12.90% but now ranks second with 7.40% due to Metaplanet’s issuance of new sharesCapital Research Becomes Metaplanet’s Largest Shareholder^[2]. Capital Group’s subsidiary, Capital Research and Management Company, acquired 129,918,500 shares, reflecting a deliberate expansion of its exposure rather than passive dilutionCapital Group Now the Top Metaplanet Shareholder: Here’s How …^[1]. The firm’s stake now grants it significant influence over corporate governance, given its voting power exceeds 10%Capital Group Becomes Largest Shareholder in Bitcoin Firm …^[3].

Metaplanet, often dubbed “Asia’s MicroStrategy,” has aggressively expanded its Bitcoin holdings, acquiring 25,500 BTC as of September 2025, placing it among the top five corporate Bitcoin treasuries globallyCapital Group Becomes Largest Shareholder in Bitcoin Firm …^[3]. The company’s strategy, which began in May 2024 with a “Bitcoin First, Bitcoin Only” approach, has driven its stock price to surge over 1,700% since adoptionCapital Group’s Strategic Bet: How Metaplanet’s Bitcoin Treasury …^[6]. Capital Group’s investment aligns with its broader strategy to gain indirect exposure to Bitcoin through equity stakes in firms with substantial holdings, rather than directly owning the assetCapital Group Becomes Largest Shareholder in Bitcoin Firm …^[3]. The firm previously held a 12.3% stake in MicroStrategy, another major Bitcoin holderCapital Group Becomes Largest Shareholder in Bitcoin Firm …^[3].

The shift in Metaplanet’s ownership structure reflects broader institutional confidence in Bitcoin’s long-term potential. Capital Group’s move follows a $1.4 billion fundraising effort by Metaplanet in September 2025 to acquire 210,000 BTC by 2027Capital Research Becomes Metaplanet’s Largest Shareholder^[2]. The company has also issued warrants and raised $5.4 billion through equity offerings to finance its Bitcoin purchases$2.6 Trillion AUM Firm Is Second Largest Shareholder …^[4]. Analysts suggest the partnership could enhance market confidence, as Capital Group’s credibility as a global asset manager with $2.3 trillion in assetsCapital Group Becomes Largest Shareholder in Bitcoin Firm …^[3] signals growing acceptance of Bitcoin as a corporate reserve assetCapital Group Becomes Largest Shareholder of Metaplanet^[5].

While Metaplanet emphasized that its business strategy and outlook remain unchangedCapital Research Becomes Metaplanet’s Largest Shareholder^[2], the ownership shift may influence governance dynamics. Large institutional shareholders like Capital Group often shape corporate direction over time, particularly in areas such as board representation or strategic initiativesCapital Group Now the Top Metaplanet Shareholder: Here’s How …^[1]. However, the firm clarified no direct business or capital ties exist beyond its equity stakeCapital Group Becomes Largest Shareholder of Metaplanet^[5]. Market participants are monitoring whether Capital Group will further increase its holdings, which could amplify Metaplanet’s visibility in global marketsCapital Group Now the Top Metaplanet Shareholder: Here’s How …^[1].

The investment underscores a broader trend of traditional financial firms embracing Bitcoin-related opportunities. Capital Group’s approach—leveraging equity stakes in Bitcoin treasury companies—mirrors strategies adopted by other institutional players, including Vanguard and Charles Schwab, who are also shareholders in Metaplanet$2.6 Trillion AUM Firm Is Second Largest Shareholder …^[4]. As Bitcoin’s institutional adoption accelerates, Metaplanet’s role as a bridge between traditional finance and digital assets appears to gain momentumCapital Group Becomes Largest Shareholder of Metaplanet^[5].