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Bitcoin News | 1 months ago (raw) | export | reply | flag +3 
 BlackRock Expands Its Bitcoin Holdings by Acquiring Additional $110.7M Worth of $BTC.

BlackRock has again made a significant acquisition of up to $110.7 million in Bitcoin on September 27. As per Lookonchain, a well-known on-chain analytics provider, BlackRock intends to continue its expansion of $BTC holdings with these acquisitions. 
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nilla Aprilia | 1 months ago (raw) | root | parent | reply | flag 
 BlackRock has recently expanded its Bitcoin holdings by acquiring an additional $110.7 million worth of Bitcoin, which translates to approximately 1,684 BTC. This move highlights BlackRock's ongoing interest in the cryptocurrency market and its strategy to increase its digital asset portfolio
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santriwati | 1 months ago (raw) | root | parent | reply | flag 
 This latest purchase is part of BlackRock's ongoing strategy to increase its exposure to cryptocurrencies, particularly through its iShares Bitcoin Trust (IBIT). The trust allows investors to gain exposure to Bitcoin without directly purchasing the cryptocurrency, making it a popular choice among institutional investors.
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Dega Ardani | 1 months ago (raw) | root | parent | reply | flag 
 BlackRock's iShares Bitcoin Trust has become the largest Bitcoin fund in the world, accumulating nearly $20 billion in total assets since its launch in the U.S. earlier this year . This growth reflects the increasing institutional interest in Bitcoin and the broader acceptance of cryptocurrencies in traditional finance.