#BlackRock increases Bitcoin holdings.#
Hot Topic Overview
Overview
BlackRock has been very active in the Bitcoin market recently. According to Arkham data, BlackRock has increased its Bitcoin holdings by 5 billion in the past year. As of January 9th, BlackRock's spot Bitcoin ETF (IBIT) holds 557,881 Bitcoin, representing over 2% of the total Bitcoin supply, with a market value exceeding $51 billion. Furthermore, BlackRock acquired $50 billion worth of Bitcoin in 2024, indicating its continued confidence in the cryptocurrency market.
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 12 months. As of January 9, BlackRock's spot Bitcoin ETF (IBIT) holds 557,881 Bitcoins, exceeding 2% of the total Bitcoin supply, with a market value of over $51.1 billion. This indicates that BlackRock is increasing its investment in Bitcoin and has become a significant player in the Bitcoin market. Moreover, BlackRock acquired $50 billion worth of Bitcoin in 2024, further indicating its bullish view on the cryptocurrency market. MicroStrategy also announced the acquisition of $24 billion worth of Bitcoin, showing that institutional investor interest in Bitcoin is steadily rising. The entry of institutional investors such as BlackRock will further drive the development of the Bitcoin market and could bring new upward momentum to Bitcoin prices.
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 purchased $5 billion worth of Bitcoin in the past 12 months.
BlackRock is expected to acquire $50 billion worth of Bitcoin in 2024.
BlackRock's Bitcoin holdings have surpassed 500,000 coins.