BlackRock, MicroStrategy and Fidelity have bought about $100 billion worth of Bitcoin
According to data platform Arkham Intelligence, BlackRock, MicroStrategy, and Fidelity have collectively purchased approximately $100 billion worth of Bitcoin. Specifically, the world's largest asset management company, BlackRock, has purchased $50 billion, while MicroStrategy has successfully accumulated $24 billion worth of BTC. Fidelity, after acquiring $20 billion worth of BTC, is at the lower end. This huge buying pressure, even in off-exchange transactions, may affect the price of BTC in the ongoing bull market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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