BlackRock Q1 Holdings Report: Bitcoin-Related Investments Increase to $5.43 Billion, Holding 9 Bitcoin ETFs and Mining Company Stocks

In the first quarter of 2025, BlackRock, the world's largest asset management company, increased its exposure to Bitcoin. According to the latest 13F filings, BlackRock's own spot Bitcoin ETF (IBIT) holdings grew by 124.7% quarter-on-quarter, adding 3.248 million shares, bringing the total holdings to over 5.853 million shares, valued at $274 million. Additionally, BlackRock purchased Bitcoin ETFs from competitors for the first time, including Fidelity's FBTC, Grayscale's GBTC, and GBTC mini. The company also increased its holdings in Bitcoin mining company stocks, including shares of Riot Platforms and MARA Holdings. As of the end of the first quarter, BlackRock's total Bitcoin-related investments reached $5.43 billion, accounting for 0.05% of its $11 trillion assets under management.