BlackRock's IBIT Accumulates 273,000 BTC, Surpassing MSTR Holdings

According to Bitcoin Magazine, BlackRock's Institutional Bitcoin Index Fund (IBIT) now holds approximately 273,000 BTC, marking a significant increase of around 60,000 BTC compared to MicroStrategy's holdings. This substantial accumulation underscores BlackRock's growing involvement in the cryptocurrency space.

In a recently released video, Jay Jacobs, BlackRock's head of active ETFs, expressed bullish sentiments towards Bitcoin, stating, "Bitcoin is the most widely adopted digital asset, and many people view it as more than a means of payment." Jacobs' remarks reflect a positive outlook on Bitcoin's role and potential in the digital economy.