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Newswire > BlackRock and Mara Holdings acquire over 9,000 BTC on dip
BlackRock and Mara Holdings acquire over 9,000 BTC on dip
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BlackRock and Mara Holdings acquire over 9,000 BTC on dip

Tags: blockchain digital management
DATE POSTED:December 6, 2024
ReadWriteWeb
Original article
A high-resolution, ultra-detailed digital illustration of a sleek, modern skyscraper symbolizing a global asset management firm. In the foreground, an enormous, gleaming Bitcoin coin is being carefully placed into a futuristic vault. The background features subtle hints of fluctuating market graphs and a digital trading interface, all rendered in a photorealistic, corporate art style.

Bitcoin’s (BTC) dip to under $93,000 yesterday was exploited as a fire sale by the world’s largest asset manager BlackRock and MARA Holdings.

BlackRock acquired 7,750 BTC as investors continue to acquire its iShares Bitcoin Trust exchange-traded fund, data from blockchain analytics platform Arkham Intelligence shows. Thomas Fahrer, founder of crypto markets firm tracking the ETF Apollo, highlighted that the firm now holds $50 billion worth of Bitcoin.

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ReadWriteWeb
Original article
Tags: blockchain digital management
Newswire > BlackRock and Mara Holdings acquire over 9,000 BTC on dip

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