How Much Bitcoin Did BlackRock Purchase in May 2025?
Bitcoin (BTC) has seen quite a price spike over the last few days. The asset is on the brink of surpassing its peak of $108,786. BTC’s price rally is likely due to an increase in institutional inflows. According to Farside, BlackRock has purchased more than $3.1 billion worth of BTC since May 2. The world’s largest asset manager seems to be quite bullish on the original cryptocurrency. Also Read: Take-Two Prices $4.75M Share Offering at $225, Morgan Stanley Ups Target to $265 Source: Farside Will Bitcoin Hit a New All-Time High Amid BlackRock’s Big Purchases? Source: Watcher Guru BTC is currently down by just 2% from its all-time high of $108,786. There is a high probability that the original crypto will hit a new peak very soon. Institutional investments are central to an asset’s price. BlackRock’s bullish outlook could inspire other investors to go long on BTC. Such a development could lead to a surge in demand and price. Also Read: If You Bought $500 in ...