Capital Group’s Growth ETF, ticker CGGR, has added roughly $8 million in MicroStrategy shares, pushing its total position to 1.66 million shares valued at $161.39 million. For a fund managing a diversified equity portfolio, that is a meaningful allocation to a single company whose core investment thesis is essentially a leveraged bet on Bitcoin.
MicroStrategy, which now goes by Strategy in some contexts, is one of those stocks that looks like a software company on the surface but behaves like a Bitcoin futures contract in practice. The firm holds over 214,000 BTC on its balance sheet, funded through a combination of equity issuance and convertible notes.
Capital Group is not dabbling here
The CGGR purchase is notable, but it is not even the biggest MicroStrategy trade Capital Group has made recently. In April 2026, the firm’s ANCFX fund acquired 4.32 million MSTR shares for $747 million, bringing that fund’s total position to 10.33 million shares worth approximately $1.78 billion.
Capital Group manages $3.3 trillion in assets across its various strategies. It is one of the oldest and most traditionally minded large asset managers in the US, home to the American Funds family that has been selling mutual funds to retirement savers since the 1930s.
