Big news for Bitcoin! BlackRock, a giant investment company, just added Bitcoin to some of its investment plans. This means they think Bitcoin is a good investment for the long term. They see Bitcoin as a new kind of money and a way to protect investments.
- BlackRock added Bitcoin to one of its model portfolios.
- They believe Bitcoin is a good way to protect money and diversify investments.
- This is a big step for Bitcoin because BlackRock manages a lot of money.
| Fact | Details |
|---|---|
| Amount of money managed | $150 billion |
| Bitcoin allocation | 1% to 2% |
