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Bloomberg Analyst: BlackRock Now Holds Over 700,000 BTC, Just 38% Away from Surpassing Satoshi Nakamoto

Bloomberg Analyst: BlackRock Now Holds Over 700,000 BTC, Just 38% Away from Surpassing Satoshi Nakamoto

ChaincatcherChaincatcher2025/07/08 12:39
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According to ChainCatcher, Bloomberg ETF analyst Eric Balchunas posted on X that BlackRock currently holds over 700,000 bitcoins, just 38% away from surpassing Satoshi Nakamoto to become the world's single largest bitcoin holder. (If all bitcoin ETFs are considered as a single managing entity, they have already surpassed Satoshi Nakamoto.)

BlackRock's spot bitcoin ETF—IBIT—is currently absorbing bitcoin at a rate of 40,000 coins per month (about 1,300 per day), and is expected to reach a holding of 1.2 million bitcoins by May 2026.

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