#BlackRock Increases Bitcoin Holdings#
Hot Topic Overview
Overview
BlackRock has been actively accumulating Bitcoin over the past year, with its holdings reaching 50 billion according to Arkham data. As of January 9th, BlackRock's spot Bitcoin ETF (IBIT) held 557,881 Bitcoin, representing over 2% of the total Bitcoin supply, with a market value exceeding $51 billion. BlackRock's continued accumulation highlights its confidence in Bitcoin and reflects the growing interest in cryptocurrencies among institutional investors.
Ace Hot Topic Analysis
Analysis
BlackRock has been making frequent moves in the Bitcoin market recently, attracting market attention. According to Arkham, BlackRock has increased its Bitcoin holdings by $5 billion over the past year, currently holding 557,881 Bitcoin, representing over 2% of the total Bitcoin supply, with a market value exceeding $51 billion. This indicates BlackRock's bullish stance on Bitcoin, viewing it as a significant investment asset. Notably, BlackRock acquired $50 billion worth of Bitcoin in 2024, further demonstrating its confidence in the cryptocurrency market. Additionally, MicroStrategy acquired $24 billion worth of Bitcoin, further boosting the Bitcoin price. BlackRock's acquisition activity, along with other institutional investors' interest in Bitcoin, shows that Bitcoin is gradually being embraced by the mainstream market, and its value is being recognized.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BlackRock increased its bitcoin holdings, now exceeding 2% of the total bitcoin supply.
BlackRock has added $5 billion worth of bitcoin in the past year.
BlackRock acquired $50 billion worth of bitcoin in 2024.
BlackRock's bitcoin holdings are now worth over $510 billion.