BlackRock Executive Believes Bitcoin Cost Could Rise Significantly
BlackRock Executive

BlackRock Executive Believes Bitcoin Cost Could Rise Significantly

On Thursday Rick Rieder, CIO of BlackRock, said on CNBC’s Squawk Box that he owns Bitcoin and that he believes its price could go up “significantly” in the future.On Thursday Rick Rieder, CIO of BlackRock, said on CNBC’s Squawk Box that he owns Bitcoin and that he believes its price could go up “significantly” in…

BlackRock, The World’s Largest Asset Manager, Invests In Bitcoin Mining
BlackRock World's

BlackRock, The World’s Largest Asset Manager, Invests In Bitcoin Mining

BlackRock allocated over $382 million to shares of Marathon Digital Holdings & Riot Blockchain.On Thursday it was reported that BlackRock allocated over $382 million to shares of Marathon Digital Holdings & Riot Blockchain. Forbes discovered an SEC filing dated 30 June 2021, which shows that Blackrock, with over $9 trillion in assets under management, bought…

BlackRock Chief Investment Officer Rick Rieder Thinks Bitcoin Is Durable
BlackRock Chief

BlackRock Chief Investment Officer Rick Rieder Thinks Bitcoin Is Durable

Rick Rieder, a chief investment officer for major asset manager BlackRock, recently touted many positive attributes of bitcoin.Rick Rieder, BlackRock’s chief investment officer of global fixed income and head of the global allocation team, recently made notably positive comments regarding Bitcoin during an appearance on CNBC’s “Squawk Box.””Bitcoin is an interesting asset,” said Rieder. “I…