Asset Management Company (BlackRock) Acquires 662,000 Bitcoins and Becomes the Second Largest Holder of the Cryptocurrency.
BlackRock, the largest asset manager in the world, now holds over 662,500 Bitcoins through the iShares Bitcoin Trust (IBIT), which equals 3% of the total global Bitcoin supply, with a market value exceeding $72.4 billion as of June 10, 2025.
With this figure, IBIT surpasses most centralized exchanges, making BlackRock the second largest Bitcoin holder after Satoshi Nakamoto.
BlackRock relies on Bitcoin as a strategic asset in long-term portfolios, as a hedge against inflation, and as a rare type of asset in a financially and geopolitically turbulent world.
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