Articles for tag: Bitcoin investment, BlackRock, Cryptocurrency market, ETF outflows, Ethereum holdings, institutional investors, MicroStrategy

January 13, 2025

BlackRock Accumulates $50 Billion Bitcoin Trove in a Year, Arkham Reports Significant Crypto Investment Strategy

Recent insights from Arkham reveal that BlackRock has amassed a significant $50 billion in Bitcoin in 2024. Notably, MicroStrategy, led by Bitcoin advocate Michael Saylor, invested $24 billion, while Fidelity acquired $20 billion worth of the digital currency. In addition to Bitcoin, BlackRock holds $3.6 billion in Ethereum and $68.5 million in USDC. However, contrary ...

January 13, 2025

Market News

Crypto

BlackRock Accumulates $50 Billion Bitcoin Trove in a Year, Arkham Reports Significant Crypto Investment Strategy

BlackRock, the asset management giant, has made headlines by amassing a substantial $50 billion in Bitcoin in 2024, according to Arkham’s latest insights. Alongside this, software company MicroStrategy, led by Bitcoin advocate Michael Saylor, acquired $24 billion in Bitcoin last year, while Fidelity invested $20 billion. BlackRock’s portfolio also includes $3.6 billion in Ethereum and ...