Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026
Summary
Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, has increased its stake in BlackRock's iShares Bitcoin Trust (IBIT) by 16%, reaching 14.7 million shares valued at $566 million as of March 31, 2026. This move continues a consistent accumulation streak that began in late 2024, highlighting Mubadala's commitment to integrating regulated digital asset exposure into its $330 billion global portfolio. The investment supports the fund's mandate to diversify Abu Dhabi’s revenue streams beyond oil.
(Source:Bitcoin Magazine)