BlackRock just revealed its Q1 2025 Bitcoin-related holdings:
📊 $5.4B in BTC exposure via U.S. equities
💥 $4.16B in Strategy (MSRT Class A) — Michael Saylor’s BTC-heavy firm
⛏️ $1B+ in mining stocks (Riot, Marathon, etc.)
📈 $279M in BTC ETFs, mostly iShares (BlackRock's own fund)
Reminder: Form 13F only covers U.S. public securities.
Real BTC exposure could be even bigger!
