BlackRock, Goldman Sachs, and Fidelity Increase Bitcoin Holdings; UAE and Other Countries Also Join the Buying Trend
Powered by ChatGPTAccording to TechFlow, on May 10, The Defiant reported that BlackRock increased its Bitcoin holdings through two purchases, each worth 69 million USD, acquiring a total of 682 $BTC, bringing recent investments to 138 million USD. This marks BlackRock's 18 consecutive days of injecting funds into Bitcoin.
Goldman Sachs disclosed holding Bitcoin worth 1.65 billion USD through ETFs, becoming the largest global holder of BlackRock's IBIT with 1.40 billion USD in 30.80 million shares. Since December last year, the company has increased its IBIT holdings by 6.80 million shares and holds 3.47 million shares of FBTC valued at 250 million USD.
Fidelity also purchased Bitcoin worth 35.30 million USD. On the same day, BlackRock and Fidelity jointly invested 104.30 million USD in Bitcoin.
BlackRock previously boldly acquired 47,064 $BTC worth 4.44 billion USD, after which Bitcoin broke through 100,000 USD. Additionally, the founder of Neoclassic Capital revealed on CNBC that the UAE and many other countries are also buying Bitcoin.