Bitcoin Historian Claims Barclays Bought $54 Million in Bitcoin

Barclays acquired more than $54 million of Bitcoin (BTC) and now holds more than $165 million worth, The Bitcoin Historian (@pete_rizzo_) claimed in a post dated Nov. 10.

The post described the purchase as an announcement by the British bank. It presented $54 million as the value of the claimed acquisition and $165 million as the bank's total Bitcoin position. Those figures refer to separate parts of the claim: one is a purchase value, while the other is a holdings total.

The Bitcoin Historian also characterized Barclays as one of the United Kingdom's largest banks. The post expressed both amounts in U.S. dollars and did not give a BTC unit count. Bitcoin was the only crypto asset named. Overall, the post presents a corporate Bitcoin purchase and a separate holdings estimate at one British bank as its central news claim.