Capital Group

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Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy

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Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares of Microstrategy’s Class A common stock (MSTR). The filing states: … Read more

USDZ Capital Group Launches USDZ Stablecoin

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Stablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject to sharp price fluctuations. The general idea behind … Read more