BlackRock Bitcoin ETF Surpasses Satoshi Nakamoto’s Holdings

A significant milestone has been reached in the cryptocurrency world: BlackRock’s Bitcoin ETF has surpassed estimations of Satoshi Nakamoto’s holdings. This move by the financial giant reflects a dramatic shift toward institutional involvement in the Bitcoin market. 573,187 Bitcoins currently represent Blackrock’s position within their iShares Bitcoin Trust (IBIT), exceeding the widely speculated estimate of Satoshi Nakamoto’s holdings, which range from 1,096,000 to 1.1 million Bitcoins. Blockchain analysis reveals a massive accumulation by BlackRock, signifying its pivotal role in institutional Bitcoin investment.