Major Institutions Invest $100 Billion in Bitcoin - Stockxpo - Grow more with Investors, Traders, Analyst and Research

Major Institutions Invest $100 Billion in Bitcoin

According to Arkham Intelligence, major financial institutions BlackRock, MicroStrategy, and Fidelity have collectively invested approximately $100 billion in Bitcoin (BTC). BlackRock, the world’s largest asset manager, has acquired $50 billion worth of Bitcoin. MicroStrategy (MSTR, Financial) has successfully accumulated $24 billion in BTC, while Fidelity has purchased $20 billion worth of the cryptocurrency.

This massive buying pressure from these institutions, even if conducted off-exchange, is likely to influence Bitcoin’s price during a sustained bull market. The substantial investments underscore the growing institutional interest and confidence in Bitcoin as a viable asset.

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