BlackRock's decision to purchase $BTC seems driven by several strategic factors. They view Bitcoin as a rare, decentralized, and non-sovereign asset that provides diversification benefits for portfolios, similar to gold, due to its low correlation with traditional assets such as stocks and bonds. Through the iShares Bitcoin Trust (IBIT), launched in January 2024, BlackRock offers a regulated and convenient way for institutions and individual investors to gain exposure to Bitcoin, reducing the operational complexities of direct ownership. This move also capitalizes on the increasing institutional demand and integrates digital currencies into traditional finance, which may attract new clients. Additionally, BlackRock sees Bitcoin as a hedge against inflation and currency devaluation, especially in an era of rising global debt. Their large holdings, which have now exceeded 662,500 Bitcoins as of June 2025, reflect a long-term bet on its value, despite its volatility.
You can also buy $ONDO
$ONDO #BlackRockCrypto
