Wisconsin doubles down on BlackRock’s Bitcoin ETF with $321 million investment

Key Takeaways The Wisconsin Investment Board doubled its holdings in BlackRock’s iShares Bitcoin Trust to 6,060,351 shares valued at $321.5 million. Wisconsin’s board has also diversified investments in crypto-related companies like Coinbase and Marathon Digital. Share this article The State of Wisconsin Investment Board (SWIB) has doubled its holdings in BlackRock’s iShares Bitcoin Trust (IBIT), adding over 3 million shares to reach 6 million shares valued at over $321 million as of December 31, 2024, according to a recent SEC filing. The increase marks a remarkable expansion from around 2,8…