Capital Group, a venerable mutual-fund company known for its disciplined investments, has surprised observers with large bets on bitcoin.

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Mutual-fund giant Capital Group is known for a disciplined approach. One of its top portfolio managers can’t get enough bitcoin.

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Mark Casey at the Allen & Company Sun Valley Conference.

Portfolio manager Mark Casey calls bitcoin ‘one of the coolest things that has ever been created by people.’

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Capital Group is a 94-year-old mutual-fund juggernaut known for its disciplined investing style. 

, a portfolio manager with 25 years of experience at the firm, quotes pioneering value-investor Benjamin Graham and says his “approach is very informed by 

That is why it is so surprising that Capital Group has placed a huge bet on bitcoin—one of the largest by a mainstream investment firm—and that Casey has emerged as one of most outspoken backers of the digital currency in the so-called TradFi world.

This Buffett Devotee Is Plowing Billions Into Crypto

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