BlackRock Acquires Additional $1 Billion in Bitcoin
- BlackRock purchased $1 billion in Bitcoin last week.
- The firm now controls 2.7% of the total Bitcoin supply.
- BlackRock owns 572,616 BTC, valued at $58.43 billion.
- Other assets include $3.75 billion in Ethereum and $72.02 million in USDC.
- CEO Larry Fink suggested Bitcoin prices could reach up to $700,000 per BTC.
BlackRock’s recent acquisition of $1 billion in Bitcoin increases its holdings to 572,616 BTC, representing 2.7% of the total supply and a value of $58.43 billion.
Source (2.6)https://dailyhodl.com/2025/01/28/blackrock-buys-another-1000000000-worth-of-bitcoin-in-a-week-to-control-2-7-of-btc-supply/?rand=59076
