BlackRock Invests $589 Million in Bitcoin & Ethereum in Record-Breaking Move

Financial giant BlackRock has rapidly expanded its digital asset portfolio by acquiring a substantial amount of both Bitcoin (BTC) and Ethereum (ETH). In just three days, they purchased a staggering $589 million worth of cryptocurrency from Coinbase, signaling an increased interest in digital assets. This significant investment is part of BlackRock’s broader strategy to capitalize on the growing market for these technologies.