Overview
- Mubadala reported 12,702,323 IBIT shares worth about $630.7 million as of Dec. 31, 2025, while Al Warda disclosed 8,218,712 shares valued near $408.1 million.
- Combined holdings reached roughly 20.9 million IBIT shares, totaling just over $1.04 billion at year-end reporting prices.
- Subsequent market weakness has cut the current value of those stakes to roughly $800 million based on recent IBIT pricing and broader ETF outflows reported in early 2026.
- Form 13F reports capture quarter-end long positions only and do not reveal intra-quarter trades, short exposure, derivatives, or any changes after Dec. 31.
- Separate reporting points to additional UAE sovereign exposure through state-linked mining operations that have accumulated about 6,300–6,376 BTC.