According to @AltcoinGordon, BlackRock has purchased over $1 billion worth of Bitcoin this week, increasing their total BTC holdings to 620,950 coins valued at $64.43 billion. This substantial accumulation by a leading institutional investor is a strong bullish indicator for crypto traders, suggesting continued confidence in Bitcoin's long-term value. The move could influence market sentiment, potentially leading to increased buying pressure and reduced bearish activity as institutional adoption accelerates (Source: @AltcoinGordon, Twitter, May 10, 2025).