BlackRock CEO Fink: Has discussed purchasing Bitcoin with some sovereign wealth funds

2025-01-24 19:47:48

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ChainCatcher news, BlackRock CEO Larry Fink revealed that he has discussed purchasing Bitcoin with some sovereign wealth funds, but did not disclose the names of the relevant sovereign wealth fund companies.

Fink added that as concerns about a dollar crisis grow within the Federal Reserve, inflation worries have sparked interest in Bitcoin, and governments around the world have increased spending and stimulus measures in recent years. Analysts believe that the soaring inflation rate in the U.S. has forced the Federal Reserve to raise interest rates at a historic pace, increasing debt interest payments and exacerbating fears of a "death spiral." Federal Reserve officials are still struggling to address the looming "stagflation nightmare" scenario.

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