✈️Blackstone Joins Bitcoin Game with $1M BlackRock ETF Purchase✈️
Another Wall Street titan steps into crypto—Blackstone just made its first Bitcoin move through BlackRock’s ETF.
🧾 The Highlights:
1️⃣ Blackstone Buys $1.08M Worth of Bitcoin ETF
The investment giant acquired 23,094 shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT), totaling approximately US$1.08 million.
2️⃣ First Major Bitcoin Exposure
This marks Blackstone’s first direct exposure to Bitcoin, signaling growing confidence in digital assets among major institutions.
3️⃣ Additional Crypto-Related Investments
Blackstone also bought 4,300 shares of Bitcoin Depot Inc (BTM)—a crypto ATM operator—for US$6,300, and 9,889 shares of ProShares Bitcoin ETF (BITO) worth US$181,166.
🔍 Why It Matters:
The move adds momentum to Bitcoin’s institutional adoption narrative. With giants like Blackstone entering the space, crypto is rapidly becoming a core part of traditional investment portfolios.
