Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest plus manager, collected an astonishing 363,626.36 bitcoin, valued astatine conscionable implicit $24 cardinal arsenic of Sept. 27. This accumulation puts Blackrock’s exchange-traded money (ETF), IBIT, connected the cusp of controlling astir 2% of bitcoin’s full supply. A Look astatine How Blackrock Quickly Accumulated Billions […]