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Reading: Mubadala Invests $408.5 Million in Bitcoin Through BlackRock’s $IBIT ETF – “The Defiant”
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The Texas Reporter > Blog > NFTs > Mubadala Invests $408.5 Million in Bitcoin Through BlackRock’s $IBIT ETF – “The Defiant”
NFTs

Mubadala Invests $408.5 Million in Bitcoin Through BlackRock’s $IBIT ETF – “The Defiant”

Editorial Board
Editorial Board Published May 16, 2025
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Mubadala Invests 8.5 Million in Bitcoin Through BlackRock’s $IBIT ETF – “The Defiant”
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The Abu Dhabi sovereign wealth fund, Mubadala, has disclosed a big funding in Bitcoin by way of BlackRock’s spot Bitcoin ETF, holding 8,726,972 shares valued at roughly $408

The Abu Dhabi sovereign wealth fund, Mubadala, has disclosed a big funding in Bitcoin by way of BlackRock’s spot Bitcoin ETF, holding 8,726,972 shares valued at roughly $408.5 million.

This funding is made by way of BlackRock’s ETF, recognized as $IBIT.

That is an AI-generated article powered by DeepNewz, curated by The Defiant. For extra data, together with article sources, go to DeepNewz.

TAGGED:BitcoinBlackRocksDefiantETFIBITInvestsmillionMubadala
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