BLACKROCK Q1/2026 PORTFOLIO UPDATE — ACCUMULATING STRATEGY & BITMINE, REDUCING COINBASE & CIRCLE According to BlackRock’s latest Q1/2026 13F filing, the world’s largest asset manager has made notable adjustments to its crypto-related portfolio, signaling a strategic shift amid ongoing market volatility. Increased Holdings: • Strategy (MSTR): +3.14M shares → Total: 17.75M shares (~$2.216B) • Bitmine (BMNR): +2.02M shares → Total: 11.08M shares (~$219M) Reduced Holdings: • Coinbase (COIN): -330K shares → Remaining: 16.74M shares (~$2.924B) • Circle (CRCL): -610K shares → Remaining: 5.06M shares (~$483M) This portfolio reshuffle suggests BlackRock is leaning more aggressively toward infrastructure and strategic Bitcoin exposure, while slightly trimming positions tied to exchanges and stablecoin ecosystems. The move is drawing major attention across the crypto market, as institutional capital continues to reposition ahead of what many believe could be the next large-scale cycle. When BlackRock moves, the market watches closely. And this rotation may reveal where smart money expects the strongest momentum next. $BTC $ETH