BlackRock Continues to Purchase Bitcoin: What Insights Do They Have That We Are Missing?
According to reports, BlackRock has heightened its investment in the IBIT spot Bitcoin ETF, raising its total holdings to $314 million. What motivates BlackRock’s Bitcoin acquisitions? Will BTCUSDT surpass $100,000?
A surge of interest in digital currency is permeating both retail and corporate sectors. Just yesterday, New Hampshire became the pioneer state to implement BTC reserve legislation. The company formerly known as MicroStrategy has been actively accumulating BTC, recently acquiring over $1 billion worth of the asset. In the meantime, institutions are eagerly gathering and seeking the digital asset leading up to May 2025.
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BlackRock Allegedly Raises Position in IBIT
The update that BlackRock, a leading global asset management firm, is enhancing its position in IBIT, its prime spot BTC ETF, boosting total holdings to $314 million—a 124% rise since November—serves as a substantial confidence booster for investors.
BlackRock ups its holding in the iShares Bitcoin ETF by 124%, raising its total to $314 million. pic.twitter.com/VV0paTSRCi
— Trader T (@thepfund) May 6, 2025
This tactical investment, presumably directed towards two of its model portfolios— the Target Allocation with Alternatives and the Tax-Aware Target Allocation with Alternatives—might inspire other companies to take similar actions.
Nonetheless, in spite of persistent purchases and “support” from influential entities, Bitcoin’s value continues to linger beneath $100,000, limiting capital flow to some of the premier ICOs for investment.
A pressing question persists: What insights does BlackRock possess that aren’t apparent to the rest of us? Why are they enhancing their BTC investments instead of acquiring ETH or other cryptocurrencies that analysts view as top choices for 2025?
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The Bitcoin Investment: What Secrets Does BlackRock Long-term holding?
The swift rise in BlackRock’s stake indicates a calculated approach. Their concerted efforts to acquire Bitcoin through spot Bitcoin ETFs is not a recent development.
By September 2024, their Strategic Income Opportunities fund (BSIIX) had augmented its holdings by over 2 million shares of IBIT, elevating the total to 2.1 million shares. Simultaneously, the Strategic Global Bond fund (MAWIX) increased its IBIT ownership by 24,000, reaching 40,682 shares.
In a filing today with the SEC, BlackRock reported possessing 2,140,095 shares of IBIT in its Strategic Income Opportunities Portfolio as of September 30, worth $77.3 million.
This is up from 88,000 shares previously disclosed as of June 30.
If you’ve been…
— MacroScope (@MacroScope17) November 26, 2024
In communication with investors, Michael Gates, the primary portfolio manager for the Target Allocation ETF suite, disclosed the rationale behind their push for Bitcoin—one of the top cryptos to contemplate buying in 2025.
Gates indicated they are incorporating a Bitcoin position, financed through equities, as an “alternative asset,” highlighting its limited circulating supply. Adding this asset to their portfolio enables diversification of risk and returns.
He further stressed the potential for holding BTC long-term, as it offers “unique and additional sources of diversification” to investment portfolios.
There is a clear recognition among institutions of Bitcoin’s value. By May 2026, IBIT managed upwards of $58 billion as investors continued to purchase shares from BlackRock.
(Source)
In the last 24 hours, shares worth over $36 million have been purchased. IBIT stands out among the top five ETFs based on inflows, trailing just behind the Vanguard S&P 500 ETF.
What’s Causing the BTCUSDT Price Standstill?
Despite consistent inflows and vigorous buying by institutions, including Strategy, Bitcoin prices remain under $100,000.
Earlier today, prices reached a peak of $97,700 before retreating from that barrier level point.
(BTCUSDT)
On X, an analyst raises questions about the ” circulating supply ” source that keeps prices suppressed.
You’re not allowed to ask where the BTC “supply” is originating from.
BTC hit $100k multiple times but has now been stuck around $94k for the last two weeks, despite M2 growth, rising stocks, and increasing gold prices.$4 billion of ETF acquisitions, $1 billion of Saylor purchases.
But you’re not authorized to question it.— WhalePanda (@WhalePanda) May 6, 2025
Bitcoin miners, who usually liquidate during price hikes, have pulled back on their selling in the past month. As per CryptoQuant, on May 6, merely 5,678 BTC were offloaded, in contrast to 15,767 BTC liquidated on April 7.
(Source)
With miners maintaining their holdings and institutions purchasing, BTC is poised to potentially surpass $100,000 in a continuation of the buying trend.
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BlackRock Increases BTC ETF Investment: Why Is BTC Price Stagnant Below $100K?
- BlackRock has increased its share in IBIT by buying additional stocks
- Are institutions following Strategy’s lead in actively acquiring BTC?
- Miners are holding back from selling as indicated by CryptoQuant data
- What keeps the Bitcoin price below $100,000?
The post BlackRock is Still Buying Bitcoin: What Do They Know That We Don’t? first appeared on 99Bitcoins.
