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As of this writing, Bitcoin is trading at $99,137, down slightly over the past 24 hours.

Arkham also revealed that the asset management giant is also rapidly gobbling up top smart contract platform Ethereum (ETH).

According to Arkham, BlackRock has bought $500 million worth of Ethereum last week, boosting its Ether balance by 50% over the past 30 days.

As of this writing, Ethereum is trading at $3,935, down 1.33% over the past 24 hours.

Arkham also revealed the BTC holdings of billionaire Elon Musk’s two tech companies, SpaceX and Tesla. According to the blockchain analytics firm, SpaceX and Tesla’s Bitcoin holdings are nearly 3 times higher than their average cost basis.

“Elon Musk’s company’s Bitcoin is now worth $2 billion.

Tesla: 11,509 Bitcoin ($1.17 billion);

SpaceX: 8,285 Bitcoin ($842 million).

The average purchase cost of these Bitcoins was $34,980 per Bitcoin, which means they made a profit of $1.3 billion (186%) on these purchases.”