#BlackRock increases its Bitcoin holdings.#
Hot Topic Overview
Overview
BlackRock has been actively increasing its Bitcoin holdings over the past year, and as of January 9, its spot Bitcoin ETF holdings have reached 557,881 coins, representing over 2% of the total Bitcoin supply and a market value exceeding $51 billion. According to statistics, BlackRock purchased $50 billion worth of Bitcoin in 2024, while MicroStrategy purchased $24 billion worth, with the two companies combining to buy $74 billion worth of Bitcoin. BlackRock's continued purchases indicate its bullish sentiment towards Bitcoin and also reflect the growing interest in cryptocurrencies among institutional investors.
Ace Hot Topic Analysis
Analysis
BlackRock continued to buy Bitcoin in 2024, purchasing $50 billion worth of Bitcoin according to statistics. The firm currently holds 557,881 Bitcoin, surpassing 2% of Bitcoin's total supply. The holding has a market value of over $51.1 billion. Arkham claims that BlackRock created $5 billion worth of Bitcoin in just 12 months. BlackRock's acquisition spree indicates its bullish stance on Bitcoin and reflects the growing interest of institutional investors in the cryptocurrency market. Notably, MicroStrategy also bought $24 billion worth of Bitcoin in 2024. Combined, the two companies acquired $74 billion worth of Bitcoin, signaling a robust institutional investment in the cryptocurrency market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BlackRock has significantly increased its Bitcoin holdings over the past year, now holding over 550,000 Bitcoin, representing over 2% of the total Bitcoin supply.
BlackRock's Bitcoin holdings have a market value exceeding $51 billion, demonstrating its confidence in the cryptocurrency market.
The substantial purchases by institutional investors such as BlackRock and MicroStrategy have fueled Bitcoin price increases.
BlackRock's increased holdings are viewed as a sign of institutional investor recognition of cryptocurrencies, potentially further driving the development of the Bitcoin market.