TechFlow, May 10 — According to The Defiant, BlackRock increased its Bitcoin holdings with two separate purchases of $69 million each, acquiring a total of 682 BTC, bringing its recent investment total to $138 million. This marks 18 consecutive days of Bitcoin funding by BlackRock.
Goldman Sachs disclosed holding $1.65 billion worth of Bitcoin through ETFs, becoming the largest global holder of BlackRock's IBIT with $1.4 billion worth of 30.8 million shares. Since last December, the firm has added 6.8 million IBIT shares and holds $250 million worth of 3.47 million FBTC shares.
Fidelity also purchased $35.3 million worth of Bitcoin. On the same day, BlackRock and Fidelity together invested $104.3 million in Bitcoin.
Prior to this, BlackRock's bold acquisition of 47,064 BTC worth $4.44 billion helped Bitcoin surpass $100,000. Additionally, the founder of Neoclassic Capital revealed on CNBC that the UAE and many other countries are also buying Bitcoin.
