🇦🇪 Mubadala invests $408 million in Bitcoin through ETF from #BlackRock⁩

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.

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📌 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.

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📊 Current prices

◾️Bitcoin ($BTC ): $103,426

◾️iShares Bitcoin Trust (IBIT): $58.67 

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💭 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?"