The Middle Eastern city of Abu Dhabi's sovereign wealth fund on Friday disclosed a $436.9 million stake in BlackRock's iShares Bitcoin ETF (IBIT) since as far back as Dec. 31, 2024.

I wonder how many other countries are building Strategic Paper Bitcoin Reserves!

https://thecurrencyanalytics.com/bitcoin/abu-dhabi-invests-436-9-million-in-blackrocks-bitcoin-etf-160573

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This. They won't tell you until they're done buying..

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