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

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Blackrock Amasses Billion in Bitcoin, Approaches 2% of Total Supply
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Source: Bitcoin.com

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total SupplyFrom Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin’s total supply. A Look at How Blackrock Quickly Accumulated Billions […]

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Author: Jamie Redman

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