On the 17th (local time), when Bitcoin exceeded $52,000 and reached an all-time high, Black Rock, the world’s largest asset management company, announced an investment in Bitcoin.
Rick Leader Global Bond Chief Investment Officer (CIO) appeared on CNBC on the same day, “Investors are looking for an asset that will increase in value even when inflation is rising and debt is accumulating. Bitcoin is such an asset. So we are Bitcoin. I want to put my hand on it.”
In a report filed with the Securities and Exchange Commission (SEC), the U.S. Securities and Exchange Commission (SEC) in January, Blackrock reported that it would handle Bitcoin futures in two Blackrock-run funds.
Earlier on the 14th, Black Rock added bitcoin to its’investment-eligible’ asset to invest in bitcoin.
BlackRock is the world’s largest asset manager, managing assets worth $886 trillion (9808 trillion), leading Wall Street’s investments, so other financial companies are likely to follow BlackRock’s actions, CNBC said.
Meanwhile, on the same day, Bitcoin broke through the $50,000 mark, which had been a resistance line, and rose to the $52,000 level.
