Abu Dhabi’s Mubadala Quietly Bets $408M on Bitcoin via BlackRock

While most of the crypto world was busy watching charts and memecoins, one of the biggest sovereign wealth funds on the planet made a serious move. We’re not talking about small players here. The Abu Dhabi Bitcoin investment is coming from a $300 billion fund, that’s a serious signal. Abu Dhabi’s Mubadala Investment Company invested.. The post Abu Dhabi’s Mubadala Quietly Bets $408M on Bitcoin via BlackRock appeared first on 99Bitcoins.

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May 16, 2025 - 15:03

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While most of the crypto world was busy watching charts and memecoins, one of the biggest sovereign wealth funds on the planet made a serious move. We’re not talking about small players here. The Abu Dhabi Bitcoin investment is coming from a $300 billion fund, that’s a serious signal. Abu Dhabi’s Mubadala Investment Company invested over $408 million into Bitcoin, but not by buying Bitcoin directly.

Instead, they did it through BlackRock’s iShares Bitcoin Trust (IBIT), one of the fastest-growing spot Bitcoin ETFs out there. No headlines, no Twitter threads, just a quiet, calculated entry into the world of digital assets.

$408.5 Million Worth of IBIT Shares

During the first quarter of 2025, Mubadala picked up another 491,000 shares of IBIT, bringing their total to around 8.7 million shares. That adds up to $408.5 million in Bitcoin exposure as of March 31.