Big news for Bitcoin! BlackRock, a giant investment company, now owns a big chunk of MicroStrategy, a company that owns lots of Bitcoin.
- BlackRock increased its ownership of MicroStrategy.
- MicroStrategy holds a ton of Bitcoin – about $48 billion worth!
- BlackRock is also making a Bitcoin fund for investors in Europe.
- BlackRock's CEO now thinks Bitcoin is a good investment.
| Fact | Number |
|---|---|
| MicroStrategy's Bitcoin holdings (USD) | $48 billion |
| BlackRock's MicroStrategy shares | ~11.2 million |
| BlackRock's US Bitcoin ETF assets (USD) | $50 billion+ |
| BlackRock's suggested Bitcoin allocation | 1-2% |
