Blackrock’s Fink Invests in Bitcoin: Long-Term Strategy Fueled by Fear & Devaluation Fears

Larry Fink, CEO of Blackrock, the world’s largest asset management firm managing over $12 trillion, has revealed a strong belief in Bitcoin. He suggests that institutional investors are strategically buying into Bitcoin through phased purchases, bolstering their portfolios as prices reach historical highs above $4,500. While recent market fluctuations have seen sell-offs, Fink emphasizes that some investors are consolidating positions for the long term.