BlackRock buys Bitcoin for 8th day in a row; here’s how much it holds
Within just one year, the asset management behemoth BlackRock (NYSE: BLK) has become a major Bitcoin (BTC) hodler as it acquired a total of 572,616 BTC since the launch of its iShares Bitcoin Trust ETF (IBIT). Unlike many of its peers, the finance giant opted not to sell during the recent cryptocurrency selloff, initiated as a spillover from the technology sector in the wake of DeepSeek’s release, and it has loaded up on an additional 11,000 BTC in the last 7 days. Such activity ensured that the total value of BlackRock’s Bitcoin holdings, at press time on January 29, amounts to a high $62.25 billion, per the data Finbold retrieved from Arkham. Picks for you Giza’s autonomous yield optimization agent ARMA goes live on the Base network 1 hour ago ...