Abu Dhabi Fund Boosts Bitcoin ETF by 46% While BlackRock Adds $800M Nebius Stake
Abu Dhabi’s Mubadala and its unit raised their iShares Bitcoin Trust ETF holdings by 46% to 12.7 million shares and by 3% to 8.2 million shares, valuing over $1 billion. BlackRock increased its Nebius Group stake by 39.4% to $800 million in Q4, underscoring strategic AUM growth.
1. Mubadala and ADIC Boost iShares Bitcoin Trust ETF Holdings
Abu Dhabi’s Mubadala Investment Co. lifted its iShares Bitcoin Trust ETF position by 46% to 12.7 million shares in Q4, while its unit ADIC added 3% to 8.2 million shares. Their combined stakes exceed $1 billion, reflecting opportunistic buying despite a 23% drop in Q4 and over 20% decline year-to-date.
2. BlackRock Increases Stake in Nebius Group
BlackRock disclosed a 39.4% increase in its Nebius Group holding, bringing the position to $800 million as of December 31. This move highlights a strategic tilt toward AI infrastructure, where Nebius operates vertically integrated data centers and secured a $17.4 billion deal with Microsoft.