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What will be the price range of Bitcoin at the end of 2024?
5
Resolution / Starting Odds
Below $80,000 • 25%
$80,000 to $99,999 • 25%
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Above $70,000 • 25%
Bitcoin price data from major cryptocurrency exchanges or financial news outlets
Story
BlackRock Buys $742M Bitcoin, Holds 369,822 BTC Amid Market Dip
Oct 11, 2024, 06:04 AM
BlackRock has made significant investments in Bitcoin, purchasing $742 million worth of the cryptocurrency over the last 16 days, according to LookOnChain. This brings BlackRock's total Bitcoin holdings to over 369,822 BTC, valued at approximately $22.4 billion. Despite a market dip that saw Bitcoin fall below $60,000, causing over $53 million in long liquidations, BlackRock and Metaplanet have capitalized on the opportunity to increase their holdings. Metaplanet also invested another billion yen in Bitcoin during this period. Additionally, BlackRock sold 182 BTC.
View original story
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