Hong Kong Investment Firm Loads Up on BlackRock Bitcoin ETF, Shares Grow to $688M
The value of Avenir's IBIT holdings have grown 30% after it recently bought 3.4 million more shares of the spot Bitcoin ETF.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
BlackRock IBIT And MicroStrategy Show Two Very Different Ways To Accumulate Bitcoin
BlackRock’s IBIT and MicroStrategy are both huge Bitcoin accumulation stories, but they are not doing the same thing, and that dis...
Bitcoin treasury company erases 7.7M shares after selling 177 BTC – yet Bitcoin per share fell
Smarter Web sold 177.89 Bitcoin to repay an $11.7 million convertible instrument that could have produced 7.72 million new shares....
$460 billion Bitcoin risk draws BlackRock, Coinbase and Strategy into $15M quantum defense mission
BlackRock, Coinbase and Strategy are backing a $15 million effort to prepare Bitcoin against future quantum-computing attacks. The...
BlackRock, Coinbase, Strategy Among Members of $15 Million Bitcoin Security Consortium
Nine institutional Bitcoin firms have formed the Bitcoin Security Consortium, pledging a combined $15 million over the next three...
The Velocity of Value: How Blockchain is Reshaping Micro-Payments
Blockchain has opened up payment models that were awkward and/or uneconomic under older rails. This is especially true for digital...
DeFi’s next institutional hurdle is deciding who can be trusted to price real-world assets
DTCC now runs a tokenization trial with roughly 40 firms, including JPMorgan, Goldman Sachs, BlackRock, Vanguard and the NYSE, to...