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Bitcoin Price Surge Continues, Passes $900 to Approach 3-Year High

Bitcoin prices have shot past $900, the latest move in a week of dramatic market increases.

Updated Sep 14, 2021, 1:58 p.m. Published Dec 23, 2016, 2:54 p.m.
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Bitcoin prices have shot past $900, the latest move in a week of dramatic market increases.

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The digital currency’s price peaked at $911.99, according to data from the CoinDesk USD Bitcoin Price Index (BPI). Prices haven’t exceeded the $900 level since mid-January 2014, BPI data shows.

At press time, the price is hovering around an average of $902.92.

The development comes only two days after markets worldwide crossed the $800 mark, followed by additional action yesterday that saw the price exceed $870 before dipping.

The rapidly climbing price has sparked headlines across major news outlets, culminating a year of dramatic market movements that have followed events like the UK vote to exit the European Union and the election of Republican Donald Trump to the US presidency.

Image via Shutterstock

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Abu Dhabi wealth funds bitcoin ETF holdings topped $1 billion at end of 2025

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Both Mubadala Investment Company and Al Warda Investments lifted investments in BlackRock's iShares Bitcoin ETF (IBIT) in the fourth quarter.

What to know:

  • Two major Abu Dhabi investment firms, Mubadala Investment Company and Al Warda Investments, increased their holdings of BlackRock’s iShares Bitcoin Trust (IBIT) in the fourth quarter of 2025 as bitcoin’s price fell.
  • Mubadala lifted its IBIT stake to 12.7 million shares and Al Warda to 8.2 million shares.
  • Together, they held a combined position that exceeded $1 billion at the end of 2025 but has since declined to just over $800 million amid further bitcoin losses in 2026.