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Fidelity Acquires 1,120 Bitcoin Worth $97.1 Million on March 27

Fidelity Investments has made a substantial investment in Bitcoin, acquiring approximately 1,120 BTC valued at around $97
By: DeepNewz • March 28, 2025
Fidelity Acquires 1,120 Bitcoin Worth $97.1 Million on March 27

Fidelity Investments has made a substantial investment in Bitcoin, acquiring approximately 1,120 BTC valued at around $97.1 million on March 27, 2025. This move is seen as a bullish indicator for the cryptocurrency market, reflecting increased institutional interest in Bitcoin. The purchase was made through Fidelity's spot Bitcoin ETF, highlighting the company's commitment to expanding its cryptocurrency offerings.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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