Larry Fink, the CEO of BlackRock, said at the New York Times DealBook Summit, "There are a number of sovereign funds buying Bitcoin," adding, "They are gradually investing when prices reach certain levels like $100,000 or $120,000." #BTC

He confirmed, "They bought a lot of Bitcoin when prices were in the eighties. That's good. They are building a long-term position. They hold it for years. This is not a short-term trading operation." $BTC

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