Blackstone Increases Its Bitcoin Holdings Again; Price Returns to $81,000
2026-10-29 01:30:21
CoinMeta data: According to U.Today, leading asset management firm Blackstone (BlackRock) continued to increase its Bitcoin investments after the price of Bitcoin returned to $81,000. According to the latest data from the renowned tracking institution ETF Sosovalue, Blackstone made a large purchase of Bitcoin worth approximately $151.46 million on October 28th. This move has sparked broader interest from institutional investors in the Bitcoin ETF market. Although Bitcoin briefly rebounded after Blackstone's purchase, the current trading price is around $80,509, with a slight decrease of 0.04% in the past 24 hours. Market analysts believe that sustained institutional demand may drive a further rebound in Bitcoin prices.
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Source:U.Today
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