#BabyMarvin_f9c7🔥
BlackRock is going crazy! Today BlackRock spent another 870 million USD to buy Bitcoin!
You might not have a clear idea of this number, so let me give you an analogy: The Bitcoin block reward is about to drop to 3.125, and only around 450 new Bitcoins are mined each day.
With today's 870 million USD, BlackRock can buy 12,428 Bitcoins!
If we calculate based on 450 new Bitcoins mined per day, it would take 27.6 consecutive days for the newly mined Bitcoins to match what they bought.
Moreover, during this period, they have been almost continuously buying; even on the day they bought the least, they spent 180 million USD to buy 2,685 Bitcoins.
