Researchers at The Bitcoin Therapist said that #BlackRock CEO Larry Fink understands the long-term impact the Bitcoin ETF IBIT could have if it manages to convince the management of a major multi-trillion dollar technology company to invest in bitcoin. According to experts, buying $BTC
will trigger a wave of interest and activity across the tech sector, creating a domino effect that could significantly impact the cryptocurrency market. Microsoft could be the “first swallow.”
For several years now, market participants have been watching MicroStrategy, which has managed to achieve outstanding results thanks to its bitcoin investment strategy. The value of the company, headed by Michael Saylor, has almost reached the $50 billion mark, and its audience continues to grow. The entrepreneur has been actively promoting the idea of investing in #BTC☀ for 4 years, and it seems that his predictions are starting to come true - big players from the technology sector are forced to pay attention to these recommendations.
It is believed that BlackRock has already held talks with a number of major US tech companies looking to increase the value of their shares by investing in bitcoin. This list could include giants such as Meta, Amazon, Nvidia, Apple, Google, Visa and Mastercard. Bringing these companies into the cryptocurrency space has the potential to strengthen the Bitcoin ETF's position and raise its profile among investors.
BlackRock intends to make IBIT the leading bitcoin ETF, and this requires convincing big names in the technology sector to start accumulating digital coins in their portfolios. Analysts suggest that next year will see the start of a sort of “race for bitcoin” as many large institutions realize its importance as a new asset class that can strengthen their market position.
This cycle could be one of the most significant capital transformations in the history of finance, as bitcoin is increasingly seen as a means to diversify assets and add value to organizations. Given the global interest in cryptocurrencies, large corporations' investments in BTC have the potential to set the stage for a new phase of the bull market.
