BlackRock smashes $10.5T record in Q1 managed assets

BlackRock’s $76 billion quarterly long-term net inflows already account for nearly 40% of its full-year 2023 levels.

Major Bitcoin (BTC) investor BlackRock continues to build momentum, posting another successful quarter of income and managed assets.

BlackRock issued its financial results for the first quarter of 2024 on April 12, reporting a record $10.5 trillion in assets under management (AUM), up $1.4 trillion from 2023.

The company’s diluted earnings per share surged from $7.9 million in Q1 2023 to $9.81 million in Q1 2024.

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