Abu Dhabi’s Mubadala and Al Warda increased their investments in BlackRock’s iShares Bitcoin Trust (IBIT) by over four million shares during Bitcoin’s Q4 2025 decline, with combined holdings exceeding $1 billion. Their move highlights institutional accumulation through spot Bitcoin ETFs, which offer lower custody risk and high liquidity. Corporate treasuries like Strategy and BitMine Immersion Technologies also continued accumulating Bitcoin and Ethereum despite unrealized losses, signaling long-term confidence.
Abu Dhabi-based investment firms Mubadala Investment Company and Al Warda Investments increased their holdings in the iShares Bitcoin Trust (IBIT) in February 2026. The purchases were made during a period when Bitcoin’s price had declined by 23% in the fourth quarter of 2025, signaling a focus on long-term accumulation rather than short-term speculation.
By the end of 2025, Mubadala owned 12.7 million IBIT shares, an increase of almost four million from the previous quarter, while Al Warda owned 8.2 million shares. Their combined ETF holdings amount to more than $800 million, as data shows. Spot Bitcoin ETFs provide institutional investors with advantages including easier portfolio management and lower custody risk.
Corporate treasuries are also accumulating digital assets. Public company Strategy purchased 2,486 BTC at an average of $67,710, investing $168 million, and now holds 717,131 BTC. BitMine Immersion Technologies invested $91.6 million in 45,759 ETH at an average cost of $2,001, and currently holds 4.37 million ETH. Both firms report significant unrealized losses but continue adding to their portfolios.
The crypto market faces a weak start to 2026, with Bitcoin under pressure. However, continued institutional inflows through regulated products like spot ETFs suggest growing confidence in Bitcoin and Ethereum as long-term assets, even amid short-term price corrections.
