CoinStats - BlackRock’s Massive Bitcoin Bet Signals Accel...
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CoinStats - BlackRock’s Massive Bitcoin Bet Signals Accel...
BlackRock has purchased $430.8 million worth of Bitcoin and now holds over 643,000 BTC. Firms like MicroStrategy, Fidelity and Metaplanet are also buying large amounts as institutional inflows are rising fast. Bitwise projects institutional Bitcoin investment to hit $427 billion by 2026, which could soak up 20% of the total supply. BlackRock, the world’s largest asset manager, has made another move into the Bitcoin market, buying up 3,950 BTC wo…
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