BlackRock, MicroStrategy and Fidelity have collectively bought about $100 billion of Bitcoin
2025-01-11 10:22:57
According data platform arkham intelligence data blackrock microstrategydesk3cryptocurrencydesktopCrypto News
According to data platform Arkham Intelligence, BlackRock, Microstrategy, and Fidelity have collectively bought about $100 billion worth of Bitcoin. Specifically, BlackRock alone, the world's largest asset manager, bought $50 billion, while Microstrategy managed to accumulate $24 billion worth of BTC. Fidelity is on the low end after acquiring $20 billion worth of BTC. This tremendous buying pressure, even over the counter, could affect the price of BTC in a sustained bull market.
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