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BlackRock Boosts Bitcoin Holdings by 34,085 BTC to 403,725 BTC Worth $26.98 Billion
Oct 28, 2024, 07:27 PM
BlackRock has significantly increased its Bitcoin holdings, acquiring an additional 34,085 BTC valued at approximately $2.3 billion over the past two weeks. The firm's total Bitcoin stash now stands at 403,725 BTC, worth nearly $27 billion. This latest acquisition reflects BlackRock's ongoing commitment to the cryptocurrency market, reinforcing its position as a major player in the digital asset space. In addition to BlackRock's activities, other firms such as ARK and Fidelity have also made notable purchases, with ARK acquiring 850 BTC and Fidelity adding 630 BTC to their portfolios.
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