Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

BlackRock invested heavily in 7.77 million shares of Bitcoin-related stocks, targeting a $13 billion BTC asset pool.

According to the latest disclosure from BitcoinTreasuries, asset management giant BlackRock has acquired 7.77 million shares of Nakamoto Company. This company currently holds Bitcoin assets valued at $13 billion, making it a true “Coin Hoarder” in the industry. Traditional Financial Institutions are indirectly allocating BTC exposure in this way, and it seems that institutional buy the dip strategies are becoming increasingly diverse.

BTC0.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
LayerZeroHerovip
· 11-15 06:50
BlackRock's trap is pretty good, bypassing the Spot ETF to directly buy stocks. Institutional strategies are really getting more creative.
View OriginalReply0
AirdropHunter420vip
· 11-14 21:30
BlackRock's move is really aiming to eat the indirect BTC dividends... smart
View OriginalReply0
AirdropHustlervip
· 11-14 21:30
TradFi has also started to play this trap, but buying indirectly always feels a bit off...
View OriginalReply0
zkProofGremlinvip
· 11-14 21:29
BlackRock's move this time is quite cunning; Bitcoin still relies on institutions to make purchases.
View OriginalReply0
ZkSnarkervip
· 11-14 21:28
actually, imagine if we just called this "institutional laundering but make it legal" lol. well technically they're just doing what we've been shitposting about for years—the long game finally showing up to the party. 130B in BTC just vibing in a shell corp, classic move tbh.
Reply0
APY追逐者vip
· 11-14 21:26
BlackRock's move is brilliant; the indirect Holdings is just to avoid being too obvious.
View OriginalReply0
RugPullAlarmvip
· 11-14 21:18
Well, here comes the indirect allocation again. BlackRock's recent purchase of Nakamoto stocks seems to be avoiding the compliance troubles of directly holding BTC, but to put it bluntly, they still want to enjoy the benefits of BTC appreciation. The question is, is all of Nakamoto's 13 billion assets really on-chain spot? I have to pull out the address and check before I dare to believe it.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)