Abu Dhabi’s sovereign wealth fund, Mubadala Funding Firm, disclosed a major enhance in its place in BlackRock’s iShares Bitcoin Belief (IBIT), reporting possession of 12.7 million shares valued at roughly $630.6 million as of December 31.
This represents a 46% rise from the 8.7 million IBIT shares beforehand reported as of September 30. Mubadala manages a broad international portfolio spanning know-how, healthcare, infrastructure, non-public fairness and public markets, with property underneath administration exceeding USD 330 billion.
The fund’s technique goals to generate sustainable returns for the Authorities of Abu Dhabi and assist financial diversification past oil.
Additionally in This autumn 2025, Abu Dhabi-based Al Warda Investments elevated its holdings in IBIT to eight.22 million shares in This autumn 2025, up from 7.96 million in Q3, persevering with a technique shift that started earlier within the yr.
The agency, a part of the Abu Dhabi Funding Council underneath Mubadala, has traditionally favored non-public investments, making this public BTC ETF allocation notable for the area.
In different phrases, Abu Dhabi funding autos collectively held over 20 million shares of BlackRock’s IBIT on the shut of final yr, with a mixed worth exceeding $1.1 billion.
Large funding companies are shopping for Bitcoin publicity by way of IBIT
On prime of this, Jane Avenue reportedly boosted its IBIT holdings by 7,105,206 shares in This autumn 2025, bringing its whole stake to twenty,315,780 shares valued at $790 million.
Alongside Jane Avenue, BlackRock and Morgan Stanley additionally elevated their IBIT positions by greater than 2.37 million shares.
Final week, Goldman Sachs disclosed roughly $2.36 billion in whole crypto publicity, together with a $1.1 billion place in IBIT, signaling a shift from its earlier skepticism towards bitcoin.
SEC filings additionally confirmed smaller holdings in Constancy’s BTC fund, bitcoin-related corporations, and choices positions tied to IBIT, alongside publicity to Ethereum, XRP, and Solana.
In November of final yr, Texas grew to become the primary U.S. state to buy Bitcoin for its Strategic Reserve, buying $5 million IBIT shares price roughly $87,000 per BTC. The acquisition was made whereas the state finalizes plans for self-custody of the asset.
Texas had beforehand explored laws to determine a strategic Bitcoin reserve with out utilizing taxpayer funds.
Harvard adjusted its crypto holdings in This autumn 2025, chopping its Bitcoin place by 21% to five.35 million IBIT shares ($265.8 million) whereas establishing a brand new $86.8 million stake in BlackRock’s iShares Ethereum Belief.