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. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io