BlackRock, MicroStrategy, and Fidelity have collectively purchased approximately $100 billion worth of Bitcoin
According to data from the platform Arkham Intelligence, BlackRock, MicroStrategy, and Fidelity have collectively purchased approximately $100 billion worth of Bitcoin. Specifically, BlackRock, the world's largest asset management company, has purchased $50 billion, while MicroStrategy has successfully accumulated $24 billion worth of BTC. Fidelity stands at the lower end after acquiring $20 billion worth of BTC. This enormous buying pressure, even in over-the-counter trading, could impact the price of BTC in the ongoing bull market