Tag Archives: Bitcoin

BlackRock Buys $3.85B in Bitcoin as IBIT Surpasses S&P 500 Fund

BlackRock has significantly expanded its Bitcoin holdings, acquiring approximately $3.85 billion worth of the cryptocurrency in June 2025. This accumulation occurred through multiple transactions, including a notable $1.4 billion purchase executed over six consecutive days. These acquisitions have bolstered the firm’s total Bitcoin assets to over $75 billion, positioning BlackRock as a leading institutional holder of the digital currency. The …

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