BlackRock to Become BTC Biggest Holder
BlackRock (NYSE:BLK) to become Bitcoin's biggest holder, top analyst predicts
Eric Balchunas, senior ETF analyst for Bloomberg has supported a recent prediction saying that BlackRock is poised to surpass MicroStrategy in terms of owned Bitcoin. While disagreeing with the pace of this development (according to a prediction, BlackRock will overtake MicroStrategy by Feb.1 of this year) Balchunas admitted that the company's dominance in the Bitcoin market is inevitable. "Good point. Doubt it will happen that fast but it will happen" he wrote. Last week, BlackRock successfully launched its Bitcoin ETF, which acquired 11,439 Bitcoins within just two days after starting trading on the Nasdaq.
Michael Saylor issues critical warning to BTC holders
On Sunday, Jan 14, former MicroStrategy CEO Michael Saylor took to the X platform to alert the Bitcoin community about intricate scams using AI to pocket the crypto of unaware holders.
