BlackRock’s Mega Bets Pay Off: Bitcoin ETF Soars, AI Fund Rallies & $40B Data-Center Deal Stuns Markets
BlackRock’s iShares Bitcoin Trust (IBIT) has surged to about $90–95 billion in assets, making it one of the largest U.S. ETFs. Bitcoin peaked near $125,000 and trades around $112,000 as of Oct. 12, 2025. BlackRock’s Global Infrastructure Partners is nearing a $40 billion deal for Aligned Data Centers and a $38 billion takeover of AES Corp. BlackRock shares trade near $1,130, up roughly 13% in 2025.