$BTC
BlackRock, the world’s largest investment firm with $9 trillion in assets and issuer of Bitcoin and Ethereum ETFs, recently praised Bitcoin as a hedge against global crises and geopolitical uncertainty.
The company stated that Bitcoin offers protection when trust in governments, banks, and fiat currencies is on the decline.
It seems timely that after accumulating Bitcoin at an average price between $30k and $40k over the past two years, they're now launching a marketing push.
The plan could be to promote Bitcoin to the masses, pump its price to $90k–$120k by mid to late 2025, and then sell off their holdings.
