A spokesperson for Laurore said the $436 million IBIT stake “reflects personal investment conviction,” as records link it to a mainland China passport holder.
Mystery Hong Kong investor in BlackRock’s bitcoin ETF breaks silence after $436 million stake sparks controversy
A spokesperson for Laurore said the $436 million IBIT stake “reflects personal investment conviction,” as records link it to a mainland China passport holder.
Shares:
Traders on Polymarket see a 7% chance of Johnson winning the bid.
The firm has begun accumulating XRP as part of a $10 million crypto treasury plan, sending shares up 12%.
Bitcoin briefly climbed to its highest level since mid-November before pulling back, while rallies in SUI, XRP and memecoins point to a renewed appetite for risk.
Investors are still gauging macroeconomic factors, one observer said.