BlackRock, Goldman Sachs and Fidelity increased their holdings in bitcoin, and countries such as the United Arab Emirates also joined the purchase
On May 10, it was reported that BlackRock increased its holdings of Bitcoin through two purchases worth US$69 million each, purchasing a total of 682 BTC units, with a total recent investment of US$138 million. This marks the 18th consecutive day that BlackRock has injected capital into Bitcoin. Goldman Sachs disclosed that it held US$1.65 billion worth of Bitcoin through an ETF, becoming the world's largest holder of BlackRock's IBIT, with 30.8 million shares worth US$1.4 billion. Since December last year, the company has increased its holdings of 6.8 million IBIT shares and held 3.47 million FBTC shares worth $250 million. Fidelity also purchased $35.3 million worth of Bitcoin. On the same day, BlackRock and Fidelity jointly invested $104.3 million in Bitcoin. BlackRock had previously boldly acquired 47,064 BTC units worth US$4.44 billion, and Bitcoin has since exceeded US$100,000. In addition, the founder of Neoclassic Capital revealed on CNBC that the United Arab Emirates and many other countries are also buying Bitcoin.
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