BlackRock, MicroStrategy, and Fidelity have collectively purchased about 100 billion USD worth of BTC

DailyNews

2025-01-11 10:31:12

BTC0,98%

Golden Finance reported that, according to the data platform Arkham Intelligence, BlackRock, MicroStrategy, and Fidelity have collectively acquired about $100 billion worth of BTC. Specifically, the world’s largest asset management company BlackRock alone has purchased $50 billion, while MicroStrategy has successfully accumulated $24 billion worth of BTC. Fidelity, after the acquisition of $20 billion worth of BTC, stands at the lower end. This huge buying pressure, even in Over-the-counter Trading, may affect the price of BTC in the ongoing Bull Market.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

BigStupidSeven

· 2025-01-11 13:49

There will be multiple 100x coins for AI Coin

View OriginalReply0

CCO0

· 2025-01-11 12:12

Ambush 100x coin 📈 All in 🙌 Bulls return quickly 🐂

View OriginalReply0

GateUser-29f892a4

· 2025-01-11 11:10

pro take me 💰

View OriginalReply0

Shiboi

· 2025-01-11 10:34

Today, January 11, 2025, Saturday. The market has already stabilized, the data on employment in the United States is favorable, and with the approaching inauguration of Trump

View OriginalReply2