Investment firm BlackRock acquired $1 billion in Bitcoin (BTC) last week, elevating the overall market value of its Bitcoin investments to $60.6 billion.
This achievement was largely driven by its most substantial Bitcoin acquisition of 2025, executed on January 22.
BlackRock’s $1 Billion Bitcoin Acquisition
As per the blockchain analytics platform Arkham Intelligence, BlackRock’s total reserves now amount to 572,616 Bitcoins.
“THEY NOW OWN 2.7% OF THE TOTAL BTC SUPPLY,” Arkham tweeted on X.
This occurred after the investment behemoth procured BTC valued at $600 million on January 22, marking its largest transaction to date this year.
Meanwhile, BlackRock’s iShares Bitcoin ETF (IBIT) continues to lead the Bitcoin exchange-traded fund (ETF) market. Following experiencing several record outflows this month, IBIT made a vigorous rebound on January 24, exceeding $1 billion in trading volume within the initial two hours.
According to recent statistics from SoSo Value, on January 24, IBIT documented a net inflow of $155.69 million, with total inflows reaching $39.73 billion. Additionally, the ETF traded volumes of $2.78 billion on that same day.
Thus, it’s not surprising that IBIT has been recognized as the fastest-growing ETF thus far. Furthermore, it ranked first among the top 20 US ETF launches in history in 2024, as reported by Bloomberg analyst James Seyffart.
Notably, the firm maintains the same vision for 2025. In a recent interview with Bloomberg, Robert Mitchnick, BlackRock’s Head of Digital Assets, emphasized the achievement of IBIT and the broader uptake of Bitcoin.
He pointed out that although 2024 was an extraordinary year for the ETF, Bitcoin adoption is still in its nascent phase.
“As we enter year two now, we are concentrating on many of the same elements that we were in year one. We are still in the early stages regarding the adoption of wealth advisory and the institutional sector,” Mitchnick stated.
Interestingly, CEO Larry Fink has also forecasted that widespread adoption could drive Bitcoin values to unprecedented heights, estimated between $500,000 and $700,000 per BTC.
Despite BlackRock’s assertive strategies, Bitcoin had a challenging beginning to the week, with its value falling beneath the $100,000 threshold. At the time of this writing, the leading cryptocurrency was trading at $99,090. This represented a 5.6% drop over the preceding 24 hours.
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