On March 6, 2025, BlackRock, the world’s largest asset administration agency, moved considerably into the cryptocurrency market by buying 432 BTC via its iShares Bitcoin ETF.
Lookonchain reported this bitcoin was bought for $38.9 million at $90,046 per BTC. The newest addition introduced BlackRock’s complete Bitcoin holdings to 572,658 BTC, valued at roughly $51.57 billion.
In December, the corporate purchased $1 billion price of Bitcoin inside simply 48 hours and should have purchased 9,695 BTC, as at the moment BTC value was $103,187.94.
Lookonchain additionally famous Bitcoin ETFs noticed a +80 BTC ($7.22M) internet influx, led by BlackRock, reflecting rising institutional confidence. Ethereum ETFs recorded +9,121 ETH ($20.57M) inflows, with Grayscale’s ETHE including 4,922 ETH ($11.1M) to its 1.27M ETH ($2.86B) holdings
Equally, MicroStrategy acquired 7,633 BTC between February 3-9, 2025, for $742.4 million at a mean value of $97,255 per BTC. This brings its complete holdings to 478,740 BTC, bought for $31.1 billion at a mean value of $65,033 per BTC.
Additionally Learn: BlackRock Adds its Bitcoin ETF in $150B Investment Plan
