BlackRock, one of the biggest investment firms in the world, just bought $216.7 million worth of $BTC
Why this is a big deal:
. When a giant like BlackRock makes such a big move into Bitcoin, it shows strong confidence in crypto.
. It can push the price of Bitcoin up and attract more institutional investors.
. This kind of purchase adds fuel to the idea that Bitcoin is becoming more mainstream and accepted.
What it signals:
This move is extremely bullish—it means smart money is betting big on Bitcoin.