BlackRock bought $1B in Bitcoin and now owns 2.7% of total supply

According to Arkham, the company's purchase of 53,000 $BTC brings its total holdings to $58.43 billion. This now exceeds the amount held by governments worldwide, which own approximately 471,380 $BTC, or 2.2% of the total $BTC supply, valued at $32.7 billion, according to CoinGecko

Despite some outflows earlier this month, BlackRock's iShares Bitcoin ETF continues to dominate the sector: according to SoSoValue, inflows since the start of January have exceeded $3.4 billion

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