coin-img-ETHETH+6.98%coin-img-BTCBTC+4.10%coin-img-SOLSOL+5.01%coin-img-PIPPINPIPPIN+10.19%coin-img-ESPESP-12.66%coin-img-WLFIWLFI+0.44%coin-img-HYPEHYPE+5.09%coin-img-UNIUNI+12.53%coin-img-ETHETH+6.98%coin-img-BTCBTC+4.10%coin-img-SOLSOL+5.01%coin-img-PIPPINPIPPIN+10.19%coin-img-ESPESP-12.66%coin-img-WLFIWLFI+0.44%coin-img-HYPEHYPE+5.09%coin-img-UNIUNI+12.53%coin-img-ETHETH+6.98%coin-img-BTCBTC+4.10%coin-img-SOLSOL+5.01%coin-img-PIPPINPIPPIN+10.19%coin-img-ESPESP-12.66%coin-img-WLFIWLFI+0.44%coin-img-HYPEHYPE+5.09%coin-img-UNIUNI+12.53%coin-img-ETHETH+6.98%coin-img-BTCBTC+4.10%coin-img-SOLSOL+5.01%coin-img-PIPPINPIPPIN+10.19%coin-img-ESPESP-12.66%coin-img-WLFIWLFI+0.44%coin-img-HYPEHYPE+5.09%coin-img-UNIUNI+12.53%

BlackRock Buys 4,309 BTC Worth $296.7M

BlackRock bought 4,309 BTC valued at approximately $296.7 million, CoinoMedia reports. The purchase is part of a broader institutional accumulation trend, with spot-based investment products enabling regulated Bitcoin exposure for firms. CoinoMedia notes that large acquisitions can tighten exchange supply and add upward price pressure if demand remains steady, and such purchases often reflect long-term conviction that may support a bullish market narrative.
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