by aria-ratings.com
May 16, 2025 at 07:10
UAE Sovereign Wealth Fund Boosts Bitcoin Holdings with $408.5 Million Investment
The United Arab Emirates' Mubadala Investment Company has significantly increased its Bitcoin holdings, as revealed in its latest 13F filing.
As of March 31, the sovereign wealth fund owned 8,726,972 shares of the iShares Bitcoin Trust, valued at $408.5 million.
This marks an increase from the 8,235,533 shares reported at the end of December, indicating a strategic accumulation of approximately 491,000 additional shares in the first quarter.
Mubadala's engagement in the Bitcoin market is part of a broader initiative, including a partnership with Marathon Digital to establish a Bitcoin mining facility.
The shift reflects a growing interest in Bitcoin among institutional investors, with the Avenir Group emerging as a major player in Asia through an $857 million BTC ETF position.
Recent news also highlighted China-based DDC’s decision to buy 5,000 Bitcoins as part of its strategic reserves, showcasing the global appetite for Bitcoin.
Additionally, UK-based Coinsilium raised £1.25 million for its Bitcoin treasury strategy, further emphasizing the increasing institutional interest.
Such developments underline the transformative nature of Bitcoin and its escalating adoption in diverse markets.
As interest from major institutions intensifies, analysts are closely monitoring the implications for Bitcoin's future valuation.
Overall, Mubadala's increased stakes in Bitcoin signify a pivotal moment for cryptocurrency investments in the UAE and beyond.
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