- BlackRock has accumulated a whopping 12,600 BTC worth $842 million last day.
- According to HODL15Capital, the newly added Bitcoins contributed to BlackRock’s Bitcoin stash to reach 196,000 BTCs.
- Reportedly, BlackRock’s Bitcoin collection has surpassed that of Michael Saylor’s MicroStrategy.
BlackRock, the world’s largest asset manager, has been creating waves in the market with its Bitcoin accumulation and ETF inflows. According to a recent X post by HODL15Capital, BlackRock’s Bitcoin (BTC) holdings have surged past the BTC portfolio of Michael Saylor’s MicroStrategy.
Data from Arkham Intelligence revealed that BlackRock hit its highest-ever one-day on-chain inflow in the week. With the addition of a whopping 12,600 BTC worth $842 million to its portfolio, BlackRock’s Bitcoin stash has reached 183,300 BTC worth $12.3 billion.
However, according to HODL15Capital’s findings, BlackRock’s Bitcoin holdings have grown to overpower MicroStrategy’s collection. As per a chart provided by HODL15Capital, BlackRock currently boasts a total of 196,089 BTCs, while MicroStrategy holds 193,000 BTCs.
Last month, MicroStrategy bought an additional 3000 tokens for $155 million. Saylor took to X to share the details of the purchase, asserting that the Bitcoins were bought at an average price of $51,813 per BTC. He added that the company now holds a total of 193,000 BTC.
BlackRock’s massive purchase of Bitcoin happens amidst the increasing Spot Bitcoin ETF inflow. On March 5, BlackRock’s iShares Bitcoin Trust (IBIT) attained its highest inflow of $788 million, surpassing its previous high of $612.1 million.
Amidst these significant developments and the anticipations of the upcoming Bitcoin halving, Bitcoin is hovering around its all-time high of $69,044. Currently trading at $68,646, Bitcoin marked a modest daily surge of 1.74%, a weekly surge of 10.78%, and a massive monthly surge of 48.32%. Though the cryptocurrency surged past its all-time high recently, it soon started fluctuating between $66k-$68k.
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