BlackRock's $BTC holdings are substantial, with the company's iShares Bitcoin Trust (IBIT) currently holding approximately 598,936.2 Bitcoins, valued at around $56.89 billion as of April 29, 2025.This represents about 2.85% of the total Bitcoin supply.

BlackRock has been actively investing in Bitcoin. As of March 2025, the company's Bitcoin holdings surpassed 400,000 BTC, valued at approximately $26.98 billion, and its Bitcoin ETF has seen significant growth. Universities such as Brown University have also shown confidence in Bitcoin by purchasing BlackRock's Bitcoin ETF, further highlighting the growing institutional interest in the cryptocurrency.

BlackRock has been expanding its presence in the cryptocurrency market, with plans to launch a Bitcoin exchange-traded product in Europe. The company's CEO, Larry Fink, has also expressed interest in exploring the potential for a spot Ethereum ETF.

It's worth noting that BlackRock's Bitcoin holdings are part of its broader investment strategy, which includes a range of asset classes and investment products. As the largest asset manager in the world, BlackRock's investment decisions can have significant implications for the financial markets.