New data from blockchain analytics firm Arkham reveals that BlackRock, the asset management giant, acquired an additional $1 billion worth of Bitcoin (BTC)** last week. With over **$10 trillion in assets under management, BlackRock now controls 2.7% of the total Bitcoin supply, solidifying its position as a major institutional holder.
At the time of writing, BlackRock’s Bitcoin holdings include:
- 572,616 BTC
- $58.43 billion in market value
👉 Discover how institutional investments are shaping Bitcoin’s future
BlackRock’s Crypto Portfolio Expansion
Beyond Bitcoin, BlackRock’s digital asset portfolio includes:
- Ethereum (ETH): $3.75 billion
- USDC stablecoin: $72.02 million
This aggressive accumulation highlights growing institutional confidence in crypto as a strategic asset class.
Larry Fink’s Bold Bitcoin Prediction
During the World Economic Forum (WEF) in Davos, BlackRock CEO Larry Fink suggested Bitcoin could surge to $700,000 per BTC if sovereign wealth funds allocate even a small percentage of their portfolios to it.
Fink’s rationale centers on Bitcoin’s role as a hedge against economic instability:
“If you’re frightened of currency debasement or political uncertainty, Bitcoin serves as an international instrument to overcome local fears. A 2–5% allocation by sovereign funds could drive prices to $500,000–$700,000.”
Why Institutional Adoption Matters
- Market Liquidity: Large-scale buys reduce volatility.
- Legitimacy: Traditional finance endorsements attract more investors.
- Price Stability: Long-term holding strategies support sustained growth.
👉 Explore Bitcoin investment strategies for 2025
FAQs: BlackRock’s Bitcoin Moves
1. How much Bitcoin does BlackRock own?
BlackRock holds 572,616 BTC (~2.7% of total supply), worth $58.43 billion.
2. What other cryptocurrencies does BlackRock invest in?
Ethereum ($3.75B) and USDC ($72M) are key holdings.
3. Why is Larry Fink bullish on Bitcoin?
Fink sees BTC as a hedge against inflation and geopolitical risks, with potential for massive growth if institutional adoption increases.
4. How does BlackRock’s accumulation affect Bitcoin’s price?
Large purchases reduce available supply, potentially driving up prices due to increased scarcity.
5. Could Bitcoin really hit $700,000?
Yes, if sovereign wealth funds allocate 2–5% of their portfolios to BTC, as Fink suggests.
Final Thoughts
BlackRock’s latest $1 billion Bitcoin purchase** underscores a seismic shift toward **crypto institutionalization**. With predictions of **$700,000 BTC, the intersection of traditional finance and digital assets is reshaping global markets. Stay informed—adapt or get left behind.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.