Mubadala
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š¦šŖ #Mubadala increases investments in #bitcoin via ETF from BlackRock
The Abu Dhabi sovereign fund, Mubadala Investment Company, acquired an additional 491,000 shares of iShares Bitcoin #Trust (IBIT) from #BlackRockā© in the first quarter of 2025, increasing the total number to 8,726,972 shares, valued at $408.5 million as of March 31.
āø»
š What does this mean?
Amid market volatility, when some institutional investors are reducing their positions in cryptocurrency #etf , Mubadala demonstrates long-term confidence in Bitcoin as a strategic asset.
āø»
š Current prices
Bitcoin ($BTC ): $103,878
iShares Bitcoin Trust (IBIT): $58.67 ļæ¼
āø»
š Opinion of Mr.Belferman:
āWhen even sovereign funds are increasing their investments in Bitcoin, it may be time for me to reconsider my investment strategy. If big players believe in crypto, why shouldn't I place a bet?ā
The Abu Dhabi sovereign fund, Mubadala Investment Company, acquired an additional 491,000 shares of iShares Bitcoin #Trust (IBIT) from #BlackRockā© in the first quarter of 2025, increasing the total number to 8,726,972 shares, valued at $408.5 million as of March 31.
āø»
š What does this mean?
Amid market volatility, when some institutional investors are reducing their positions in cryptocurrency #etf , Mubadala demonstrates long-term confidence in Bitcoin as a strategic asset.
āø»
š Current prices
Bitcoin ($BTC ): $103,878
iShares Bitcoin Trust (IBIT): $58.67 ļæ¼
āø»
š Opinion of Mr.Belferman:
āWhen even sovereign funds are increasing their investments in Bitcoin, it may be time for me to reconsider my investment strategy. If big players believe in crypto, why shouldn't I place a bet?ā
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The Mubadala Investment Company from Abu Dhabi has increased its stake in the BlackRock iShares Bitcoin Trust, indicating a continued interest in cryptocurrencies from one of the world's largest sovereign wealth funds.
According to a document submitted on May 15 to the U.S. Securities and Exchange Commission (SEC), as of March 31, Mubadala owned 8.7 million shares of the iShares Bitcoin Trust (IBIT) valued at $408.5 million. This is an increase compared to 8.2 million shares at the end of 2024.
Despite the increase in the number of shares, the total value decreased from $436 million due to fluctuations in the price of IBIT, which, according to Yahoo Finance, was $58.86 at the close on May 15.
Investments in IBIT make up only a small portion of Mubadala's portfolio, which manages over $300 billion in assets. Nevertheless, this is one of the largest allocations in a bitcoin-$ETF ever made by a sovereign fund. Investing in the iShares Bitcoin Trust allows entities like Mubadala to gain exposure to bitcoin without the need to directly own the cryptocurrency.
This move could encourage other sovereign or institutional investment funds to reconsider their position on bitcoin, especially through instruments like IBIT, where the risk appears to be more manageable.
$BTC #BTC #Mubadala
According to a document submitted on May 15 to the U.S. Securities and Exchange Commission (SEC), as of March 31, Mubadala owned 8.7 million shares of the iShares Bitcoin Trust (IBIT) valued at $408.5 million. This is an increase compared to 8.2 million shares at the end of 2024.
Despite the increase in the number of shares, the total value decreased from $436 million due to fluctuations in the price of IBIT, which, according to Yahoo Finance, was $58.86 at the close on May 15.
Investments in IBIT make up only a small portion of Mubadala's portfolio, which manages over $300 billion in assets. Nevertheless, this is one of the largest allocations in a bitcoin-$ETF ever made by a sovereign fund. Investing in the iShares Bitcoin Trust allows entities like Mubadala to gain exposure to bitcoin without the need to directly own the cryptocurrency.
This move could encourage other sovereign or institutional investment funds to reconsider their position on bitcoin, especially through instruments like IBIT, where the risk appears to be more manageable.
$BTC #BTC #Mubadala
See original
š¦šŖ Mubadala invests $408 million in Bitcoin through ETF from #BlackRockā©
The Abu Dhabi sovereign fund, Mubadala Investment Company, has increased its stake in the BlackRock iShares Bitcoin Trust (IBIT) to 8,726,972 shares as of March 31, 2025, valued at $408.5 million.
āø»
š What does this mean?
This indicates a growing institutional interest in Bitcoin, especially from sovereign funds. #Mubadala , one of the largest investors in the region, considers #bitcoin a strategic asset for diversifying its portfolio.
āø»
š Current prices
ā¾ļøBitcoin ($BTC ): $103,426
ā¾ļøiShares Bitcoin Trust (IBIT): $58.67 ļæ¼
āø»
š Opinion of Mr.Belferman:
"When even sovereign funds are getting into Bitcoin through ETFs, I wonder: maybe it's time for me to reconsider my investment strategy?"
The Abu Dhabi sovereign fund, Mubadala Investment Company, has increased its stake in the BlackRock iShares Bitcoin Trust (IBIT) to 8,726,972 shares as of March 31, 2025, valued at $408.5 million.
āø»
š What does this mean?
This indicates a growing institutional interest in Bitcoin, especially from sovereign funds. #Mubadala , one of the largest investors in the region, considers #bitcoin a strategic asset for diversifying its portfolio.
āø»
š Current prices
ā¾ļøBitcoin ($BTC ): $103,426
ā¾ļøiShares Bitcoin Trust (IBIT): $58.67 ļæ¼
āø»
š Opinion of Mr.Belferman:
"When even sovereign funds are getting into Bitcoin through ETFs, I wonder: maybe it's time for me to reconsider my investment strategy?"
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