BlackRock has added Bitcoin to their Global Allocation Fund. Larry Fink, the CEO of BlackRock has made many major investments in crypto and blockchain companies including: Circle USDC, FTX, Anchorage Digital, Bitcoin Core Scientific Mining. BlackRock has also partnered with Coinbase to offer Bitcoin to institutional clients.

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    21 Comments

    1. The miners are the ones that ultimately control the bitcoin network though right since its pow and not pos? Is the mining evenly distributed the same as the holders?

    2. Bitcoiners are going to whine about institutional adoption etc but LOL how else are we going to the price to rise to a stable 7 figure sum that will not only make us much richer but also get it to the point of mainstream use case exchange of value if it's not stabilized at a very high price to be used as both a reserve asset and for smaller sums to be used as purchasing?

      Central banks and Institutional banks got to buy and hodl for this to happen. All good news.

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