Investment manager BlackRock bought $1 billion worth of Bitcoin (BTC) last week, bringing the total market value of its Bitcoin investments to $60.6 billion.
This achievement was greatly influenced by the largest Bitcoin purchase in 2025, which took place on January 22.
BlackRock Buys $1 Billion in Bitcoin
According to blockchain AI platform Arkham Intelligence: BlackRock's total holdings now stand at 572,616 BTC.
“They now own 2.7% of the total BTC supply,” Arkham posted on X.
This comes after the investment giant acquired $600 million worth of BTC on January 22, marking its largest purchase so far this year.
Meanwhile, BlackRock’s iShares Bitcoin ETF (IBIT) continues to dominate the Bitcoin ETF sector. After experiencing some record outflows this month, IBIT staged a strong recovery on January 24, surpassing $1 billion in trading volume within the first two hours.
According to the latest data from SoSo Value, on January 24, IBIT recorded a net inflow of $155.69 million, with cumulative inflows reaching $39.73 billion. Volumes worth $2.78 billion were traded on the same day.
So it’s no surprise that IBIT has emerged as the fastest-growing ETF ever. Additionally, it tops the list of the top 20 U.S. ETF launches of all time in 2024, according to Bloomberg analyst James Seyfart.
It is worth noting that the company has the same vision for 2025. In a recent interview with Bloomberg, Robert Michnick, head of digital assets at BlackRock, highlighted the success of IBIT and the wider adoption of Bitcoin.
He stressed that 2024 was an exceptional year for the fund, but Bitcoin adoption is still in its early stages.
“As we enter year two now, we are focusing on a lot of the same things that we were focusing on in year one,” Mitchnick said. “We are still in very early days in terms of adoption of financial advisory and the institutional sector.”
Interestingly, CEO Larry Fink has predicted that widespread adoption could push Bitcoin prices to unprecedented levels, ranging between 500,000 and 700,000 per BTC.
Despite BlackRock’s bold moves, Bitcoin has had a rough start to the week, with its price falling below the $100,000 mark. At the time of writing, the largest cryptocurrency was trading at 99,090. That’s a 5.6% drop over the past 24 hours.
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