Mubadala Discloses $630 Million Stake in BlackRock’s Bitcoin ETF

Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, has disclosed a significant stake in BlackRock’s iShares Bitcoin Trust (IBIT). The fund reported holding 12,702,323 shares in the spot Bitcoin ETF, marking a major strategic entry into the digital asset space. The total value of the investment is estimated at approximately $630.6 million, positioning Mubadala as a key institutional player in the crypto market. This move reflects a broader trend of major sovereign wealth funds seeking diversification through regulated exchange-traded products. The disclosure provides significant institutional validation for Bitcoin, signaling long-term confidence from one of the world's most influential investors. Mubadala’s strategic allocation highlights the increasing integration of cryptocurrency into traditional institutional portfolios and global wealth management.