Citing Bpaynews, BlackRock CEO Larry Fink revealed that several unnamed sovereign wealth funds have been actively buying Bitcoin, especially during price dips below $80,000. These purchases reflect a strategic approach to build substantial holdings in response to market fluctuations, following Bitcoin’s peak of $126,000. Fink emphasized the growing institutional interest in cryptocurrency and the potential for tokenization to drive future growth.
Sovereign Funds Increase Bitcoin Purchases Amid Price Dips Below $80,000
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