BlackRock, MicroStrategy, and Fidelity have collectively purchased about 100 billion USD worth of BTC

Golden Finance reported that, according to the data platform Arkham Intelligence, BlackRock, MicroStrategy, and Fidelity have collectively acquired about $100 billion worth of BTC. Specifically, the world’s largest asset management company BlackRock alone has purchased $50 billion, while MicroStrategy has successfully accumulated $24 billion worth of BTC. Fidelity, after the acquisition of $20 billion worth of BTC, stands at the lower end. This huge buying pressure, even in Over-the-counter Trading, may affect the price of BTC in the ongoing Bull Market.