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BlackRock, through its iShares Bitcoin Trust (IBIT), now holds more than 662,500 Bitcoins, or more than 3% of the world’s total supply, according to reports. The total is worth $72.4 billion, making IBIT one of the largest holders of Bitcoin in the world. The fund, which launched on January 11, 2024, has managed to grow its assets under management to more than $70 billion in just 341 days, a record that the GLD gold fund reached in 1,600 days. Currently, only Satoshi Nakamoto, with an estimated 1.1 million Bitcoins, holds more than BlackRock.
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