BlackRock Invests $38 Million in Bitcoin as BTC Surges 8.8%
According to Farside Investors, BlackRock, the world’s largest asset manager, has shown significant interest in Bitcoin (BTC) through its ETF, IBIT. On April 15, BlackRock purchased $38.2 million worth of BTC, following another sizable purchase of $36.7 million on April 14. These back-to-back acquisitions totaled $74.9 million in just two days, reflecting the firm’s growing confidence … Read more