BlackRock is going crazy

Today BlackRock purchased $870 million worth of Bitcoin

You might not have a concept of this number, so let me give you an example

Currently, the Bitcoin block reward will drop to 3.125 Bitcoins, with a daily output of about 450 Bitcoins

And today, spending $870 million could buy approximately 12,428 Bitcoins. At a rate of 450 per day, it would require a continuous purchase for about 27.6 days just to match the mined Bitcoins

During this time, the mode has almost exclusively been buying, and even on the least active day recently, $180 million worth of Bitcoin was purchased, which amounts to 2,685 Bitcoins

If this trend continues, in the future, Bitcoin will have little connection with retail investors

Cherish every Bitcoin you have in your hands!!!!!!!

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