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BlackRock acquires $116M in Bitcoin, boosts institutional crypto presence

Crypto Briefing·July 21, 2026·1 min read
BlackRock acquires $116M in Bitcoin, boosts institutional crypto presence

BlackRock acquired $116 million in Bitcoin, signaling growing institutional confidence. The purchase boosts the asset manager's crypto presence. Bitcoin reaching $67,500 in July is priced at 60.5% YES on prediction markets. The move underscores increasing mainstream adoption of digital assets by major financial institutions.

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