Mubadala Invests $408.5 Million in Bitcoin Via BlackRock's $IBIT ETF

The Abu Dhabi sovereign wealth fund, Mubadala, has disclosed a significant investment in Bitcoin through BlackRock's spot Bitcoin ETF, holding 8,726,972 shares valued at approximately $408.5 million.

This investment is made through BlackRock's ETF, identified as $IBIT.

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