The Abu Dhabi Investment Council (ADIC), in a fit of fiscal theatrics, nearly tripled its Bitcoin holdings via BlackRock’s IBIT ETF in Q3 2025-proving that even sheiks know the art of a grandiose scheme.
The ADIC, that paragon of fiscal daring, has nearly tripled its Bitcoin wagers in the third quarter of 2025 through BlackRock’s spot Bitcoin fund. Mon dieu, what a performance! One might say they’ve turned their portfolio into a one-man show.
ADIC: Bitcoin, the “Digital Gold” of Our Time (Or So They Claim) 🤡
Market participants, ever the critics, have hailed this as a signal. A signal, one must assume, that institutional interest in crypto is still gathering momentum. Or perhaps it’s merely a distraction from the UAE’s other financial follies.
ADIC, the investment arm of Mubadala Investment Company, informed Bloomberg that Bitcoin is the “digital gold” of our age. Ah, yes, because nothing says “gold” like a 23% drop in value. Quel raffinement!
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The ADIC’s Bitcoin ETF holdings tripled in Q3, just before the crypto bull market collapsed like a soufflé in a sandstorm. One must admire their timing-or perhaps their lack thereof.
This sovereign wealth fund, a subsidiary of Mubadala Investment Co., increased its IBIT holdings to 7.98 million shares by September 30, 2025. According to a regulatory filing, this is now their most “strategic” move since inventing the camel.
The position, valued at $518 million, was a bold stroke of genius. Three months prior, they held 2.4 million shares. One wonders if this is how they fund their next opera: by betting on Bitcoin.
ADIC, that fearless pioneer, tripled its Bitcoin exposure via BlackRock’s IBIT. By September 30, 2025, their holdings neared 8 million shares. Ah, the drama of it all! A financial Hamlet, if you will.
Abu Dhabi’s Crypto Hub Ambitions: A Comedy of Errors 🏛️
As of September 30, 2025, the holding was worth $518 million. Since then, Bitcoin and IBIT have plummeted. A 23% drop, one might say, is the perfect encore to their fiscal opera.
ADIC’s Q3 move came just before the market sell-off. Ah, the cruel irony! To bet on Bitcoin, only to watch it crumble like a dhow in a hurricane. A tragedy for the ages.
JPMorgan Chase and Harvard University have also taken similar leaps. One must ask: Is this a trend, or merely a collective delusion? Either way, Abu Dhabi is leading the charge with gusto.
ADIC’s allocation is notable, given Abu Dhabi’s $1.7 trillion wealth fund. Their ambition to become the “crypto hub of the world” is… ambitious. After all, what’s a desert without a little digital glitter?
Inside ADIC, the Bitcoin pivot aligns with a “global expansion” strategy. Established in 2007, then folded into Mubadala, they now operate with the flair of a one-man band. A long-term commitment to digital assets? Quel mystère!
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2025-11-20 19:49