Market Cap: $3.4699T 0.900%
Volume(24h): $145.2709B 18.480%
  • Market Cap: $3.4699T 0.900%
  • Volume(24h): $145.2709B 18.480%
  • Fear & Greed Index:
  • Market Cap: $3.4699T 0.900%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$109672.014679 USD

-0.05%

ethereum
ethereum

$2779.040461 USD

3.21%

tether
tether

$1.000027 USD

-0.02%

xrp
xrp

$2.286294 USD

-1.03%

bnb
bnb

$668.672191 USD

0.49%

solana
solana

$164.011110 USD

2.72%

usd-coin
usd-coin

$0.999787 USD

0.00%

dogecoin
dogecoin

$0.195365 USD

0.42%

tron
tron

$0.290361 USD

0.92%

cardano
cardano

$0.711293 USD

-0.19%

hyperliquid
hyperliquid

$41.168738 USD

5.18%

sui
sui

$3.450061 USD

1.27%

chainlink
chainlink

$15.153468 USD

3.69%

avalanche
avalanche

$22.109128 USD

0.87%

bitcoin-cash
bitcoin-cash

$441.105779 USD

3.36%

Cryptocurrency News Articles

Mubadala, Abu Dhabi's sovereign wealth fund, has disclosed a $408.5 million stake in iShare Bitcoin Trust (IBIT)

May 16, 2025 at 04:12 pm

As the crypto market becomes more attractive for institutional investors globally, UAE based Mubadala, Abu Dhabi's sovereign wealth fund, has disclosed a $408.5 million stake in iShare Bitcoin Trust (IBIT)

Mubadala, Abu Dhabi's sovereign wealth fund, has disclosed a $408.5 million stake in iShare Bitcoin Trust (IBIT)

Abu Dhabi's sovereign wealth fund, Mubadala, has disclosed a $408.5 million stake in iShare Bitcoin Trust (IBIT) in a 13F filing.

The fund reported holding 8,726,972 IBIT shares as of March 31, 2025. This represents an increase from 8,235,533 shares reported at the end of 2024.

The 491,436 additional IBIT shares exposure showcases more interest in holding Bitcoin as an investment asset.

Earlier this year, U.A.E Mubadala, a sovereign investment fund, disclosed in an SEC filing that in late 2024 it invested $436 million in BlackRock’s iShares Bitcoin Trust ETF.

The disclosure was made through a 13F filing with the U.S. Securities and Exchange Commission (SEC).

This was the first time a Gulf sovereign wealth fund showcased their investment in Bitcoin through an ETF.

The U.A.E through another sovereign wealth fund, ADQ has indirectly invested in Bitcoin by partnering with Marathon Digital Holdings for a digital asset mining company in Abu Dhabi.

More recently, Bahrain based Al Abraaj Restaurants Group B.S.C. (Ticker: ABRAAJ), a public listed company on the Bahrain Bourse, announced that it has put Bitcoin on its balance sheet.

As per the news, the Group has purchased Bitcoin in partnership with U.S. based 10X Capital, becoming the first publicly traded company in the Kingdom of Bahrain, the Gulf Cooperation Council (“GCC”), and the Middle East to acquire Bitcoin as a treasury asset.

Al Abraaj has acquired an initial amount of 5 BTC with plans to build on this initial purchase and begin allocating a significant portion of its corporate treasury into Bitcoin.

As per the announcement, Al Abraaj considers Bitcoin to be its reserve treasury asset. Al Abraaj is a profitable company, with 2024 EBITDA of USD $12.5 million.output: As the crypto market becomes more attractive for institutional investors globally, UAE based Mubadala, Abu Dhabi’s sovereign wealth fund, has disclosed a $408.5 million stake in iShare Bitcoin Trust (IBIT) in a 13F filing.

The fund reported holding 8,726,972 IBIT shares as of March 31, 2025. This represents an increase from 8,235,533 shares reported at the end of 2024.

The 491,436 additional IBIT shares exposure showcases more interest in holding Bitcoin as an investment asset.

Earlier this year, U.A.E Mubadala, a sovereign investment fund, disclosed in an SEC filing that in late 2024 it invested $436 million in BlackRock’s iShares Bitcoin Trust ETF.

This was the first time a Gulf sovereign wealth fund showcased their investment in Bitcoin through an ETF.

The U.A.E through another sovereign wealth fund, ADQ has indirectly invested in Bitcoin by partnering with Marathon Digital Holdings for a digital asset mining company in Abu Dhabi.

More recently, Bahrain based Al Abraaj Restaurants Group B.S.C. (Ticker: ABRAAJ), a public listed company on the Bahrain Bourse, announced that it has put Bitcoin on its balance sheet.

As per the news, the Group has purchased Bitcoin in partnership with U.S. based 10X Capital, becoming the first publicly traded company in the Kingdom of Bahrain, the Gulf Cooperation Council (“GCC”), and the Middle East to acquire Bitcoin as a treasury asset.

Al Abraaj has acquired an initial amount of 5 BTC with plans to build on this initial purchase and begin allocating a significant portion of its corporate treasury into Bitcoin.

As per the announcement, Al Abraaj considers Bitcoin to be its reserve treasury asset. Al Abraaj is a profitable company, with 2024 EBITDA of USD $12.5 million.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 12, 2025