In the context of the increasingly mature crypto market, financial institutions and listed companies around the world are showing long-term confidence in Bitcoin and the digital asset ecosystem through specific and robust investment strategies.
In the Middle East, Mubadala Investment Fund of #UAE has increased its ownership in BlackRock’s Spot Bitcoin ETF (IBIT) to 8.7 million shares, equivalent to 408 million USD – an impressive figure demonstrating commitment to digital assets.
Similarly, #CitadelAdvisors – one of the large investment organizations in the US – has also expanded its investment scale in IBIT, currently holding more than 3 million shares, worth approximately 147 million USD.
Meanwhile, in Asia, the listed company #DDCEnterprise from China is implementing a large-scale Bitcoin Accumulation Strategy, starting by purchasing 100 BTC, aiming to own 500 BTC in 6 months and targeting 5,000 BTC in 3 years. This is a strategic move to diversify reserves and create added value for shareholders, demonstrating confidence in Bitcoin's long-term growth potential.
Notably, the Central Bank of Saudi Arabia has also revealed that it holds MicroStrategy shares worth 25 million USD, indirectly investing in Bitcoin through one of the largest BTC-holding companies in the world.
The viewpoint for the crypto market: The movements above indicate that institutional money continues to flow strongly into digital assets, especially Bitcoin – the currency considered as 'digital gold'. For users on platforms like Binance, this is a sign of reinforcing confidence in the sustainable development of the cryptocurrency market in the long term.
Despite the great potential, investors still need to be cautious and fully understand the risks before participating in the crypto market. Investing in digital assets requires a long-term strategy and deep understanding.