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BlackRock Expands Bitcoin Holdings to $47.9 Billion with Recent Purchase

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In accordance with @Cointelegraph, BlackRock has increased its Bitcoin holdings by purchasing an additional 300 BTC. This acquisition brings the total value of BlackRock's Bitcoin assets to $47.9 billion. The move signifies BlackRock's continued interest and investment in the cryptocurrency market, highlighting the growing institutional adoption of Bitcoin. The purchase was reported on March 15, 2025, and reflects BlackRock's strategic approach to diversifying its investment portfolio with digital assets.

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