The post Strategy, BlackRock Race for Bitcoin, BTC Price Over $95K appeared on BitcoinEthereumNews.com.

Key Notes Strategy bought over $1.4 billion worth of Bitcoin. BlackRock’s IBIT saw a $970 million inflow. Santiment data hints at the expectations of a potential altseason. The $11 trillion asset manager BlackRock and the business intelligence company Strategy (formerly MicroStrategy) brought bullish momentum to the crypto market with their latest buying spree. On April 28, Strategy chair Michael Saylor announced that the company acquired 15,355 Bitcoin BTC $95 004 24h volatility: 0.3% Market cap: $1.89 T Vol. 24h: $29.78 B , worth $1.42 billion. $MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 2025. As of 4/27/2025, we hodl 553,555 $BTC acquired for ~$37.90 billion at ~$68,459 per bitcoin. https://t.co/5OOs3UdWLg — Michael Saylor (@saylor) April 28, 2025 This brings the total Strategy holdings to 553,555 BTC at an average price of $68,459 per coin for $37.9 billion. Currently, Strategy’s Bitcoin holdings are worth $52.5 billion. In the meantime, BlackRock’s US-based BTC exchange-traded fund recorded an inflow of $970.9 million on April 28. The IBIT fund has recorded a cumulative net inflow of $42.2 billion since its launch in January 2024. Spot BTC ETFs saw a net inflow of $591.3 million due to the outflows from ARKB ($226.3 million), FBTC ($86.9 million), GBTC ($42.7 million), BITB ($21.1 million), and HODL ($2.7 million). The total net inflow into BTC-based investment products surpassed $39 billion, thanks to strong inflows into IBIT. According to data from Arkham, BlackRock has accumulated 582,614 BTC, worth $55.17 billion, to date. Last week, spot BTC ETFs recorded a net inflow of over $3 billion as US President Donald Trump hinted at cooling down the trade war with China. As the Strategy and BlackRock accumulation came, Bitcoin broke the $95,500 mark for the first time since Feb.…

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Filed under: News - @ April 29, 2025 8:25 am