BlackRock increases Bitcoin holdings amid price surge

Monitoring data from Lookonchain reveals that BlackRock’s IBIT has accumulated an additional 16,975 Bitcoins over the past week, equivalent to approximately $1.17 billion.

This increase in holdings coincides with a more than 8% rise in Bitcoin’s price during the same period.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts