Cointime

Download App
iOS & Android

BlackRock's Bitcoin holdings exceed 400,000, raising questions about the decentralized spirit of Bitcoin

BlackRock recently set a new record for the acquisition of Bitcoin, currently holding over 400,000 Bitcoins worth nearly $26.98 billion. In just the past two weeks, BlackRock has purchased an additional 34,085 Bitcoins worth about $2.3 billion. The surge in Bitcoin holdings is consistent with the growing trend of institutional investors investing in Bitcoin through Bitcoin ETFs, which are gradually becoming the preferred way for traditional financial companies to invest in Bitcoin. However, BlackRock's rapidly increasing Bitcoin holdings have raised some questions about the potential impact of the company on the Bitcoin ecosystem. People are speculating whether BlackRock will try to fork the Bitcoin blockchain in the future to establish a version that better suits its interests. Although many people believe this is impossible, or even a conspiracy theory, the massive scale of BlackRock's Bitcoin holdings has indeed sparked a debate about the decentralization of Bitcoin. 

Comments

All Comments

Recommended for you

  • Deutsche Bank: Nasdaq Enters Correction Zone, Fed's Vague Signals Trigger Sell-off

    On July 30, Deutsche Bank pointed out that the Federal Reserve's decision to keep interest rates unchanged and the limited details provided by Chairman Walsh triggered a sharp steepening of the U.S. Treasury yield curve, pushing the 30-year yield to 5.20% and putting pressure on the stock market. The S&P 500 recorded its worst single-day performance in seven weeks, while weakness in tech stocks dragged the Nasdaq 100 into correction territory. Asian and European markets showed mixed performance. The rise in U.S. Treasury yields eventually weighed on stocks after significant intraday volatility. The S&P 500 fell more than 0.5% before the FOMC meeting, turned positive during Walsh's press conference, but plummeted in the final trading hour, ultimately closing down 1.52%. A renewed slump in chip stocks also dragged the market, with the Philadelphia Semiconductor Index plunging 5.33%. The decline in tech stocks also pushed the Nasdaq 100 (-2.06%) into a technical correction zone, now down 11.3% from its early June peak.
  • SpaceX Reportedly Requires Suppliers to Exclude Chinese Employees and Equipment

    On July 30, Nikkei Asia, citing sources, reported that SpaceX, the space exploration company owned by the world's richest man Elon Musk, is implementing strict measures to ensure its operations and supply chain remain unaffected by China, in order to protect the production of technology critical to U.S. national security. According to the report, SpaceX has dispatched teams to review existing and potential suppliers and has instructed its global supply chain partners not to assign or hire Chinese employees at facilities producing products for SpaceX, nor to use systems or equipment manufactured by Chinese companies.
  • Zhongji Innolight's Trading Volume Exceeds 58.5 Billion Yuan, Sets New Historical Record

    On July 30, the trading volume of Zhongji Innolight on the A-share market exceeded 58.5 billion yuan, breaking its previous historical record of 58.32 billion yuan set on June 5, 2026. The stock once fell over 16% during the session, before narrowing its decline to over 7% currently.
  • Political Bureau of CPC Central Committee: Steadily Advance 'Six Networks' Plan and Deeply Implement 'AI+' Initiative

    The Political Bureau of the CPC Central Committee held a meeting on July 30. The meeting stressed the need to effectively expand domestic demand, adapt to the consumption needs of different groups, expand high-quality supply, and tap the potential of service consumption. It is necessary to steadily advance the planning and construction of the 'six networks'. Accelerate the construction of a modern industrial system, strengthen long-term and stable support for basic research, deeply implement the 'AI+' initiative, develop new forms of intelligent economy, and improve the artificial intelligence governance system. Actively promote breakthroughs in frontier technologies and the development of future industries, focus on building emerging pillar industries, and continue to promote the transformation and upgrading of traditional industries. (Xinhua)
  • CPC Central Committee Political Bureau Meeting: Accelerate Transition from Old to New Growth Drivers, Implement More Proactive Fiscal Policy and Moderately Accommodative Monetary Policy

    On July 30, the Political Bureau of the CPC Central Committee held a meeting. The meeting emphasized that in doing a good job in economic work for the second half of the year, it is necessary to adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, uphold the general principle of pursuing progress while maintaining stability, fully, accurately, and comprehensively implement the new development philosophy, accelerate the construction of a new development pattern, better coordinate both domestic and international situations, balance development and security, persist in deepening reform and opening up, accelerate the transition from old to new growth drivers, implement a more proactive fiscal policy and a moderately accommodative monetary policy, fully leverage the effectiveness of various existing policies, promptly plan and introduce practical and effective incremental policies, increase counter-cyclical adjustments, intensify efforts to expand domestic demand and optimize supply, effectively ensure and improve people's livelihoods, enhance development momentum and stimulate social vitality, promote sustained, innovative, high-quality, and sound economic development, and strive for a good start to the 15th Five-Year Plan. (Xinhua News Agency)
  • US Spot Ethereum ETF Saw Net Outflow of $18.6 Million Yesterday

    On July 30, according to Trader T monitoring, the US spot Ethereum ETF saw a net outflow of $18.6 million yesterday.
  • US Spot Bitcoin ETF Sees $32.1M Net Inflow Yesterday

    On July 30, according to Trader T, the US spot Bitcoin ETF recorded a net inflow of $32.1 million yesterday.
  • U.S. Officials: U.S. Military Conducting Airstrikes on Iran

    July 30, according to Axios: U.S. officials said the U.S. military is conducting airstrikes on Iran. (Jin Shi)
  • Trump Says Will Strike Iran Hard and Impose Tariffs on Iran

    On July 30, U.S. President Donald Trump told the media at the White House on the afternoon of July 29 local time that the United States would deliver a heavy blow to Iran because of the missile attack by Iran on U.S. forces in the Middle East, stating that now it is "America's turn to retaliate." Trump said, "Iran knows this strike is inevitable and asked the U.S. not to launch it," but the U.S. will "teach them a lesson." Trump also said he hopes to add provisions authorizing the U.S. to impose tariffs on Iran into the sanctions bill against Russia previously pushed by late Senator Lindsey Graham. (CCTV International News)
  • Fed Holds Interest Rate Steady

    On July 30, the Federal Reserve kept the benchmark interest rate unchanged at 3.50%-3.75%, marking the fifth consecutive meeting with no change.