BlackRock Buys 10,572 Bitcoin in a Week, Outpaces Mining

• BlackRock’s IBIT bought over 10K BTC in one week.
• Weekly BTC mining supply was just 3,150 coins.
• Demand from institutions now far exceeds supply.

BlackRock’s Bitcoin Buying Spree Shocks the Market

In a significant show of confidence in Bitcoin , BlackRock’s spot Bitcoin ETF, known as $IBIT, made headlines this week by purchasing 10,572 BTC . This aggressive accumulation has sparked discussion across the crypto space, particularly because the amount of Bitcoin mined during the same period was only about 3,150 BTC.

The fact that a single institutional product bought more than three times the newly minted Bitcoin has sent a powerful signal: demand is accelerating, and supply is limited.

Bitcoin Supply vs. Demand Imbalance

Bitcoin’s design limits its issuance to a fixed schedule. After the recent halving, only around 450 BTC are mined per day, totaling roughly 3,150 per week. However, as BlackRock’s move shows, institutional buyers are now scooping up far more than what’s being introduced into the market .

This imbalance suggests that price pressure could intensify in the coming weeks and months if such aggressive buying continues. It’s a clear case of supply being overwhelmed by demand — a trend that could push Bitcoin’s price higher if sustained.

What This Means for Investors

BlackRock is one of the largest asset managers globally, and its growing appetite for Bitcoin through $IBIT shows a shifting landscape. Institutional involvement was once seen as a future prospect for Bitcoin — today, it’s a defining force in market dynamics.

Retail investors watching from the sidelines might want to take note: when a financial giant like BlackRock buys more than triple the newly available Bitcoin in a week, it’s more than just a trade. It reflects increasing mainstream confidence in Bitcoin as a legitimate asset class.

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