#BlackRock holds over 2% of Bitcoin.#
Hot Topic Overview
Overview
BlackRock currently holds 557,881 Bitcoin, representing over 2% of the total supply, with a market value of over $51 billion. According to Arkham, BlackRock has amassed 5 billion Bitcoin in just 12 months, acquiring $50 billion worth of Bitcoin in 2024 alone, including a $24 billion acquisition through MicroStrategy. These figures highlight the massive scale of BlackRock's investment in Bitcoin, and its holdings have become a significant force in the Bitcoin market.
Ace Hot Topic Analysis
Analysis
BlackRock has accumulated over $5 billion worth of Bitcoin in just a year, currently holding 557,881 Bitcoins, representing over 2% of the total Bitcoin supply, with a market value exceeding $51 billion. This demonstrates BlackRock's bullish stance on Bitcoin and could further drive Bitcoin prices higher. Additionally, MicroStrategy has announced acquiring $50 billion worth of Bitcoin in 2024, further indicating the growing interest of institutional investors in cryptocurrencies. As the world's largest asset manager, BlackRock's entry will undoubtedly have a significant impact on the entire cryptocurrency market and may attract more institutional investors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BlackRock holds a significant amount of Bitcoin, exceeding 2% of the total Bitcoin supply.
BlackRock's Bitcoin holdings have a market value of over $50 billion.
BlackRock has accumulated a large amount of Bitcoin in just 12 months.
BlackRock's Bitcoin holdings indicate its bullish outlook on the cryptocurrency market.