BlackRock Acquires $81 Million in Bitcoin: What This Means for Crypto Traders | Flash News Detail
On April 18, 2025, BlackRock, a leading global investment management corporation, announced a significant purchase of $81 million worth of Bitcoin, as reported by Crypto Rover on Twitter (source: Crypto Rover, April 18, 2025). This acquisition marks a pivotal moment in the cryptocurrency market, reflecting growing institutional interest in digital assets. At the time of the purchase, the price of Bitcoin stood at $65,000 per coin, resulting in BlackRock acquiring approximately 1,246 BTC (source: CoinMarketCap, April 18, 2025, 14:30 UTC). The transaction occurred amidst a period of relative stability in the crypto market, with Bitcoin’s 24-hour trading volume reaching $23 billion on major exchanges like…
