As reported by @CoinGapeMedia, BlackRock has made a significant acquisition of Bitcoin, purchasing $336 million worth of the cryptocurrency. This move by the Wall Street giant is seen as a strategic investment, potentially anticipating a breakout in Bitcoin's value. The acquisition highlights BlackRock's continued interest in the crypto market, as they increase their holdings in Bitcoin. The timing of this purchase has sparked discussions on whether BlackRock is positioning itself ahead of a potential surge in Bitcoin prices.
BlackRock Acquires $336M in Bitcoin Amid Speculation of BTC Breakout
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