ABU DHABI’S UNINTERRUPTED BITCOIN BUYING STREAK CONTINUES Mubadala, the Abu Dhabi sovereign wealth giant, reports owning 14.7M shares of BlackRock’s IBIT, a 16% increase from the 12.7M shares it held the previous quarter. Their stack is worth $565.6M as of March 31. Mubadala has now extended its uninterrupted IBIT buying streak that began in Q4 2024, continuing to add even through periods of BTC price weakness. Combined holdings across Mubadala and Al Warda Investments surpassed $1B at the end of 2025. ADIC, the Abu Dhabi entity operating under Mubadala, previously described its Bitcoin allocation as a “long term diversification strategy,” comparing Bitcoin to gold and arguing both will play structural roles in portfolios as the global economy becomes increasingly digital. The buying behavior reflects the sovereign fund’s decade-long investment horizon rather than short term market moves.