BlackRock Expands Bitcoin Holdings: Purchase Adds Over $500 Million to Portfolio

Financial giant BlackRock has bolstered its Bitcoin holdings with a recent acquisition, adding an impressive 5,613 BTC worth roughly $529.5 million. This investment pushes the company’s total Bitcoin reserves past 620,252 BTC, valued at approximately $58.51 billion, according to latest reports. Since April 21st, BlackRock has accumulated a substantial 47,064 BTC worth an estimated $4.44 billion in value.