BlackRock has made headlines again by surpassing $20 billion in on-chain Bitcoin holdings for the first time. This development, highlighted by Arkham, showcases a boost in BlackRock's crypto investments, showing the company's growing trust in Bitcoin's market capabilities.
BlackRock’s total crypto portfolio value has now reached $20,706,963,324, indicating an increase of $517.54 million. The asset manager’s on-chain Bitcoin holdings have surpassed $20 billion for the first time. This development highlights a boost in BlackRock’s crypto investments.
BlackRock’s crypto portfolio, which includes Bitcoin, Colle, Ubx, Leo, Iskra, Rio, and SHI, has experienced an overall appreciation, driven primarily by the price increase of Bitcoin and other assets in the portfolio.
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