Bitcoin ETF: Wisconsin Invests $321 Million

Wisconsin Investment Board Expands Bitcoin Holdings

• The Wisconsin Investment Board increased its holdings in BlackRock’s iShares Bitcoin Trust to 6,060,351 shares.
• The current value of these shares is $321.5 million.
• This marks a significant rise from approximately 2.8 million shares held in September 2024.
• The board previously divested 1,013,000 shares from the Grayscale Bitcoin Trust in Q2 2024.
• Wisconsin’s board has diversified investments in companies like Coinbase and Marathon Digital.

The Wisconsin Investment Board significantly expanded its investment in BlackRock’s iShares Bitcoin Trust to over six million shares, valued at $321.5 million, while also diversifying into other crypto-related companies.