🇦🇪 #Mubadala increases investments in #bitcoin via ETF from BlackRock

The Abu Dhabi sovereign fund, Mubadala Investment Company, acquired an additional 491,000 shares of iShares Bitcoin #Trust (IBIT) from #BlackRock⁩ in the first quarter of 2025, increasing the total number to 8,726,972 shares, valued at $408.5 million as of March 31.

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📌 What does this mean?

Amid market volatility, when some institutional investors are reducing their positions in cryptocurrency #etf , Mubadala demonstrates long-term confidence in Bitcoin as a strategic asset.

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📊 Current prices

Bitcoin ($BTC ): $103,878

iShares Bitcoin Trust (IBIT): $58.67 

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💭 Opinion of Mr.Belferman:

“When even sovereign funds are increasing their investments in Bitcoin, it may be time for me to reconsider my investment strategy. If big players believe in crypto, why shouldn't I place a bet?”