Breaking🔥🚀💫 :
BlackRock's $IBIT acquires 546 Bitcoins, valued at $45.7 million, on March 13.¹ This move highlights BlackRock's continued interest in cryptocurrency investments and reflects a bullish sentiment in the market.
It's worth noting that BlackRock has been actively investing in Bitcoin, with a 1% to 2% allocation of the iShares Bitcoin Trust (IBIT) in its model portfolio for alternative assets.² In 2024, BlackRock made headlines by purchasing $50 billion worth of Bitcoin, with its iShares fund acquiring 122,184 BTC.³
