In July, BlackRock procured $1 billion worth of bitcoins.
Apollo CEO Thomas Farrer stated on X that BlackRock acquired over $1 billion in BTC this month, including $107 million today alone, which translates to 18,600 bitcoins.
It is noteworthy that the company is purchasing BTC for its ETF fund, thereby augmenting the assets of BlackRock's Bitcoin ETF to approximately $20 billion. BlackRock has ascended to become the largest public holder of Bitcoin, with more than 300,000 BTC in its accounts.
