UAE sovereign fund Mubadala increases its Bitcoin ETF holdings

By: cryptopolitan|2025/05/16 16:45:05
0
Share
copy
As the crypto market becomes more attractive for institutional investors globally, UAE based Mubadala, Abu Dhabi’s sovereign wealth fund, has disclosed a $408.5 million stake in iShare Bitcoin Trust (IBIT) in a 13F filing released on My 15th 2025.The fund reported holding 8,726,972 IBIT shares as of March 31, 2025, an increase from 8,235,533 shares reported at the end of 2024. The 491,436 additional IBIT shares exposure showcases more interest in holding Bitcoin as an investment asset.UAE Mubadala, a sovereign investment fund, revealed in an SEC filing that in late 2024 it invested $436 million in BlackRock’s iShares Bitcoin Trust ETF. The disclosure was made through a 13F filing with the U.S. Securities and Exchange Commission (SEC).This was the first time a Gulf sovereign wealth fund showcased their investment in Bitcoin through an ETF. The UAE through another sovereign wealth fund, ADQ has indirectly invested in Bitcoin by partnering with Marathon Digital Holdings for a digital asset mining company in Abu Dhabi.More recently, Bahrain based Al Abraaj Restaurants Group B.S.C. (Ticker: ABRAAJ), a public listed company on the Bahrain Bourse, announced that it has put Bitcoin on its balance sheet. As per the news, the Group has purchased Bitcoin in partnership with U.S. based 10X Capital, becoming the first publicly traded company in the Kingdom of Bahrain, the Gulf Cooperation Council (“GCC”), and the Middle East to acquire Bitcoin as a treasury asset.Al Abraaj has acquired an initial amount of 5 BTC with plans to build on this initial purchase and begin allocating a significant portion of its corporate treasury into Bitcoin.As per the announcement, Al Abraaj considers Bitcoin to be its reserve treasury asset. Al Abraaj is a profitable company, with 2024 EBITDA of USD $12.5 million.Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

You may also like

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]