$ETH BLACKROCK DOUBLES DOWN: 9 MILLION SHARES in Bitmine — Signal or Setup?
Wall Street isn’t tiptoeing into crypto anymore — it’s positioning aggressively.
BlackRock, the $14 trillion asset management titan, just boosted its stake in Bitmine to 9,049,912 shares — a massive +165.6% quarter-over-quarter increase. The position is now valued at roughly $246 million, according to its latest 13F filing.
This isn’t a casual allocation. It’s a calculated expansion into crypto treasury exposure. Institutional conviction is shifting from “exploring” to “accumulating.”
When the world’s largest asset manager scales into a company tied to digital asset strategy, it sends a clear message: crypto infrastructure is becoming part of mainstream capital allocation.
Is this the early phase of a much bigger institutional wave?
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