State of Wisconsin buys nearly $100 million worth of BlackRock Spot Bitcoin ETF

The U.S. state of Wisconsin purchased 94,562 shares of BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million.

The investment board also purchased shares of Grayscale’s Bitcoin Trust (GBTC) worth roughly $64 million.