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BlackRock has purchased $69.85 million worth of Bitcoin, signaling renewed institutional interest

21,018 posts · 11,071 accounts · -18% vs the day before

  • BlackRock bought $69.85 million in Bitcoin, according to a TCT FLASH report citing the purchase directly[15][25]
  • Strategy acquired an additional 334 BTC for $28.7 million, bringing its total holdings to 848,000 BTC valued over $73 billion[42][43]
  • Bitcoin is holding above $87,000, forming a triangle breakout setup that could ease selling pressure and enable a run to previous highs[5]
  • Multiple accounts note continued buying pressure, with a whale reportedly purchasing $77.2 million of BTC and analysts expecting consolidation below $95,000 before a potential new ATH[72][30]

Posts cited

  1. [5] Bpay News · @bpaynews ·

    JUST IN: Bitcoin holds above $87,000 amid a triangle breakout setup; a sustained hold could signal easing selling pressure and potentially pave a run at previous highs. $BTC

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  2. [15] The Crypto Times · @cryptotimes_io ·

    TCT FLASH: BlackRock has bought $69.85 million worth of Bitcoin. @BlackRock

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  3. [25] Trenches Insider · @trenchesinsidr ·

    JUST IN: BLACKROCK HAS BOUGHT $69.85M WORTH OF BITCOIN INSTITUTIONS ARE LOADING UP 👀

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  4. [30] Killa · @killaxbt ·

    We will consolidate below 95K just like we consolidated below 30K in 2023. A period of timebased chop and consolidation before $BTC breaks to a new ATH.

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  5. [42] Mookie · @mookienft ·

    🚨 JUST IN: Strategy bought another 334 $BTC for $28.7 million. The company now holds 848,000 BTC worth over $73 billion. Saylor keeps buying 🫡

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  6. [43] Blocktrainer · @blocktrainer ·

    Strategy hat vergangene Woche 334 Bitcoin für 28,7 Mio. $ gekauft, zu 85.838 $ je BTC. 🛒 Die Mittel kamen durch die Emission von $MSTR und aus der separaten Cash-Reserve. 💸 @Strategy hält jetzt 848.000 BTC und hat in Q3 einen unrealisierten Gewinn von 21 Mrd. $ erzielt. 📈👀

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  7. [72] Ash Crypto · @ashcrypto ·

    BREAKING: A whale just bought $77.2 Million worth of $BTC. Smart money is loading up aggressively.

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Written by an AI model from public posts; it can be wrong. Check the sources.

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