I saw something very interesting tonight: In 2017, Larry Fink, CEO of BlackRock, said that Bitcoin is worthless and is just a tool for money laundering; but starting in 2024, BlackRock has purchased the largest amount of Bitcoin in the world, holding 580,000 Bitcoins, worth more than 60 billion, and has joined hands with Wall Street to purchase more than 1.1 million Bitcoins, worth more than 120 billion US dollars, and it is still continuing. Larry Fink admitted that he had made a wrong judgment in the past. BlackRock also suggested that every institution needs to allocate 2-5% of Bitcoin, predicting that Bitcoin will reach more than 700,000 US dollars.
And Buffett has been resisting Bitcoin on any occasion, saying that Bitcoin is a junk asset, but Buffett has recently been investing in digital banks such as Brazil, and they are also changing. So don't look at what these financial giants say, but what they do.