- BlackRock has amassed $5.4B in Bitcoin-related U.S. equities, signaling strong institutional belief in BTC’s long-term value.
- Strategy added 1,895 BTC worth $180M last week, highlighting BlackRock’s consistent accumulation during dips despite retail inaction.
- BlackRock’s exposure spans Strategy, mining stocks, and ETFs, showing diversified institutional confidence across the Bitcoin ecosystem.
BlackRock is aggressively increasing its Bitcoin-related holdings, signaling growing institutional confidence despite hesitant retail participation as per investor Doctor Profit. In the past week alone, BlackRock added $2.5 billion worth of Bitcoin assets while retail investors remained mostly on the sidelines. According to the firm’s latest Form 13F filing for Q1 2025, BlackRock now holds $5.4 billion in U.S. Bitcoin-related equities. This confirms the company’s strategic shift toward deeper crypto market involvement, as retail sentiment remains cautious.
Institutional Focus on Strategy and Miners
Most of BlackRock’s exposure comes through Michael Saylor’s Strategy, which focuses heavily on leveraged Bitcoin acquisitions. This firm now owns 555,450 BTC, valued at $52.27 billion. From April 28 to May 4, Strategy added 1,895 BTC for $180.3 million at an average price of $95,167. Though this purchase was smaller than usual, it marks continued commitment to Bitcoin accumulation following a short pause.
Besides Strategy, BlackRock also holds over $1.02 billion in Bitcoin mining companies. These include Riot Platforms, Marathon Digital, and others. Although miners don’t directly hold Bitcoin as a reserve asset, their performance closely tracks BTC price action. This diversification provides BlackRock with correlated exposure to the Bitcoin ecosystem without direct custody.
ETF Investments and Global Expansion
Additionally, BlackRock holds $279 million across various Bitcoin ETFs and trusts. Most of this is allocated to its own iShares Bitcoin Trust, with $274 million invested. The iShares Trust itself currently manages $47.78 billion in net assets. Moreover, BlackRock has minor holdings in Fidelity’s Bitcoin ETF, Grayscale’s GBTC, and GBTC Mini. These smaller positions add to its broad-based exposure.
However, the 13F filing only reflects U.S. public securities. Hence, BlackRock’s global Bitcoin exposure may be larger. The firm could hold assets in private companies and foreign-listed Bitcoin firms, which are not disclosed in the filing.
Consequently, institutional conviction in Bitcoin continues to grow, contrasting sharply with retail hesitation. BlackRock’s steady accumulation during recent price dips signals confidence in long-term appreciation. Moreover, Strategy’s consistent purchases, despite recent unrealized losses, reveal a high-conviction, long-term play. Retail investors, however, remain sidelined as BTC consolidates near $95,000.
