BlackRock’s $75B Bitcoin Gamble: 700,000 BTC and the Relentless Rise of Digital Gold
Wall Street's trillion-dollar whale just went all-in on crypto. BlackRock's staggering 700,000 BTC position—worth $75 billion at current prices—signals institutional surrender to Bitcoin's digital gold thesis.
The ultimate inflation hedge?
While goldbugs gnash their teeth, the world's largest asset manager quietly built a position that dwarfs nation-state reserves. No press releases, no CNBC circus—just cold, algorithmic accumulation while retail traders chased memecoins.
700,000 BTC. $75 billion. One message: The old guard now bets harder on Satoshi's creation than most crypto-native funds. The irony? BlackRock will probably collect more in Bitcoin ETF fees this quarter than your favorite DeFi protocol generates in annual revenue.
