Capital International has invested more than half a billion dollars in shares of business intelligence firm Microstrategy, Coin Telegraph reported.
In a document submitted by Microstrategy to the US Securities and Exchange Commission (SEC), for the second quarter of 2021, the company disclosed that Capital International Investors had purchased 95,3242 shares. of its shares.
Following the release of the SEC document, Microstrategy's share price rose more than 1.5% to $628.44 as of Saturday, making Capital International shares worth nearly $600. Million dollars.
Capital International's first-quarter 2021 filing with the Securities and Exchange Commission reportedly showed that the company did not own any shares in Microstrategy as of March 31.
Microstrategy, the company that announced last year that it would buy more than $250 million in Bitcoin (BTC), went on to acquire 105,085 BTC, more than 3.5 Billions of dollars.
Despite news of a major investment in a company with huge cryptocurrency holdings, the price of Bitcoin did not appear to be affected. Bitcoin is up 2% in the past 24 hours to $33,438.
Last month, the company announced that it intends to raise $400 million in total principal amount of top-secured notes in a special offer to buy more bitcoins.
Although Microstrategy later increased the debt offering to $500 million and purchased approximately $489 million of the crypto-asset, its share price briefly declined. By more than 2%.
Bitcoin (BTC) is trading at the beginning of trading on Sunday, at a price of $ 33.475 thousand, down by about 1%, bringing the market value of the most famous and largest digital currency in the world to About $627.41 billion.
