Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
BlackRock Resumes Bitcoin Accumulation with 363 BTC Purchase

BlackRock Resumes Bitcoin Accumulation with 363 BTC Purchase

TheccpressTheccpress2025/08/09 23:05
By:in Bitcoin News
Key Takeaways:
  • BlackRock’s Bitcoin ETF sees a net inflow of funds.
  • Institutional engagement remains strong with recent BTC buy.
  • Possible market stability from ongoing Bitcoin acquisitions.
BlackRock Resumes Bitcoin Accumulation with 363 BTC Purchase

BlackRock, Inc. recently increased its Bitcoin holdings by 363 BTC through its iShares Bitcoin Trust, now holding approximately 738,170.8 BTC after transactions on August 7, 2025.

This acquisition signals sustained institutional interest, potentially impacting Bitcoin’s market dynamics by driving demand and influencing price stability amid fluctuating inflows.

Recent reports confirm that BlackRock acquired an additional 363 Bitcoin on August 7, 2025. This comes amidst a backdrop of volatile market conditions where the asset manager had offloaded a larger BTC quantity in previous days.

BlackRock, Inc., has resumed its accumulation of Bitcoin, emphasizing ongoing institutional interest. This transaction took place soon after a two-day sell-off, indicating a possible strategic adjustment in its Bitcoin holdings strategy.

The acquisition by BlackRock injected a sense of market stability amidst fluctuating cryptocurrency valuations. This development highlights the investor confidence in Bitcoin standardization despite short-term volatility.

BlackRock’s actions have substantial financial implications , reinforcing institutional influence in the Bitcoin market. Over $91.5 million flowed into Bitcoin ETFs, suggesting a robust retention intent and potential protective mechanism against market swings.

These strategic movements by large institutions often shape market dynamics, creating both risks and opportunities. As BlackRock takes action to bolster its Bitcoin reserve, market observers anticipate potential price fluctuations and liquidity impacts.

Insights into BlackRock’s portfolio adjustments underline significant financial shifts, with historical patterns favoring Bitcoin’s price appreciation. The institution’s robust engagement suggests a steadfast foresight in aligning digital assets with evolving market structures.

Larry Fink, Chairman and CEO, BlackRock, “I see value in cryptocurrency as an international asset. If spot ETH ETF is approved, we will evaluate it for our clients.”

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Norway hands Musk Tesla boost as SpaceX BTC holdings expand past $1B

Share link:In this post: Tesla’s sales in Norway have surged despite growing discontent among Norwegians regarding Elon Musk’s political stance. SpaceX’s BTC holdings have crossed the $1 billion mark again. Tesla’s deep ties in Norway influence its consistent sales numbers, but it is slowly losing its dominance as more rivals make headway.

Cryptopolitan2025/08/14 14:35
Norway hands Musk Tesla boost as SpaceX BTC holdings expand past $1B

Musk tips Google to dominate AI as it commits extra $9B to Oklahoma AI, cloud infrastructure

Share link:In this post: Elon Musk says Google currently has the highest probability of leading AI due to its compute and data advantage. Google will invest $9 billion in Oklahoma to expand AI and cloud infrastructure over the next two years. The plan includes a new Stillwater data center campus and expansion of its Pryor facility.

Cryptopolitan2025/08/14 14:35

Nvidia partner Foxconn reports strong surge in AI server sales

Share link:In this post: Hon Hai Precision Industry (Foxconn) reported a 27% increase in Q2 profits, driven by sales in its AI server business. The company reported a net income of NT$44.36 billion for the period, surpassing an average analyst projection of NT$36.14 billion. It also expects significant growth in Q3 and the rest of the year.

Cryptopolitan2025/08/14 14:35

US PPI beats estimates with 3.3% annual gain in July

Share link:In this post: US PPI jumped 3.3% in July, the highest annual gain since February. Monthly PPI rose 0.9%, blowing past the 0.2% forecast. Service costs surged, led by machinery wholesaling and portfolio fees.

Cryptopolitan2025/08/14 14:35
US PPI beats estimates with 3.3% annual gain in July