Bitcoin Treasuries reports that Capital Group's Growth ETF (CGGR), managing approximately $3.6 trillion in assets, has disclosed an increase in its holdings of Bitcoin treasury company Strategy by 535,304 shares, valued at approximately $89 million. After this increase, it holds a total of 2.19 million shares, valued at about $366 million.

This is an increase in the same fund's position, not a new position. CryptoBriefing estimates that the market value of 2.19 million shares falls between $336 million and $366 million at the time of disclosure. In July, the fund held 1.66 million shares, worth about $161 million, and the newly added shares match the difference disclosed in two previous reports.

CGGR is not the only Capital Group product holding MSTR. In April 2026, its ANCFX increased its holdings by 4.32 million shares, costing about $747 million, bringing its total holdings to 10.33 million shares, with a market value of approximately $1.78 billion at that time. Capital International Investors is also on the list of institutional holders.

As of June 30, 2026, the institutional ownership ratio of Strategy is about 61.55%. The company, originally named MicroStrategy, now primarily uses stock issuance and convertible bonds to purchase Bitcoin, with its stock price more closely following the Bitcoin treasury rather than its software business. CGGR itself is a growth stock ETF, with its top ten holdings still being companies like Meta, Nvidia, Broadcom, and Microsoft.

The disclosure did not specify the transaction date or average purchase price, only providing the number of shares increased and the estimated value of about $89 million. For a $3.6 trillion asset management scale, this position is very small. It provides the fund with Bitcoin exposure in a Nasdaq stock account, not involving wallets and private keys.

The buyer is a mutual fund and ETF allocating MSTR through a growth stock account, while the seller is the common stock issued by Strategy. This is a disclosure of holdings, not newly issued shares. Funds are flowing from the growth stock portfolio to Bitcoin treasury equity. Strategy and existing Capital Group funds benefit from institutional buying, with accounts that are restricted from directly holding Bitcoin using stocks to bypass custody, putting pressure on those shorting the premium.

Source: Public Information