April 19, 2024

Capital International invested $ 600 million in MicroStrategy shares

Capital International invested $ 600 million in MicroStrategy shares

Financial services company Capital International has invested more than half a billion dollars in MicroStrategy shares.

In the reportMicroStrategy filed with the SEC states that inIn the second quarter of 2021, Capital International Investors bought 953,242 shares of MSTR. Following the release of the report, MicroStrategy shares are up more than 1.5% to $ 635.

Capital International invested approximately $600 million or 0.15% of MicroStrategy sharesof the total amount of the fund's investments. 

Recall that last month MicroStrategy raised $ 500 million through a bond placement. The company spent all the money received to buy bitcoin.

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Based on materialscointelegraph.com