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Crypto News

Blackrock is now 5 % in the strategy, which increases its exposure to the indirect bitcoin

Blackrock asset management giant has 5 % strategy (previously known as Microstrategy)After obtaining additional 1.78 million shares in the company.

Blackrock revealed its 5 % share in the strategy through the 13G file, which applies to investors who own 5 % or more of a general circulating company in general, You do not have plans to influence the company.

As of September 30, 2024, Blackrock reported a 4.09 % royal share, which means that the company increased its strategy share.

The Microstrategy axis to Bitcoin has achieved great success

The strategy, which recently revealed a rename that emphasizes the company’s focus on Bitcoin The largest company investor in the world in BTC.

Currently, the company owns 471,107 BTC ($ 46.1 billion) as part of its reserves. Although Blackrock maintains more bitcoin from the strategy, Blackrock Bitcoin’s bodies are kept for ETF Bitcoin purposes and are not the result of investment directly in Bitcoin.

It was the focus of the strategy in the accumulation of bitcoin Huge success for the company so far, as MSTR shares have risen by 2,180 % since the company started buying BTC in August 2020.

Recently, Strategy CEO Michael Sailor expected to reach $ 180,000, although his bitcoin’s long -term goals are much higher. According to Silor, Bitcoin’s height can reach $ 13 million in the next 21 years.

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