Blackrock Increases Bitcoin Holdings Significantly

10/22/2024 12:25:25 PM

According to Lookonchain, Blackrock has continued its aggressive acquisition of Bitcoin this week, purchasing an additional 4,869 BTC valued at $328 million. This brings Blackrock's total Bitcoin holdings to 391,484 BTC, worth approximately $26.45 billion. This move signals Blackrock's strong confidence in Bitcoin's potential and may influence market dynamics, prompting traders to consider the potential impact on Bitcoin's price. (Source)

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