One of the largest investment companies in the United States, BlackRock, is going to add more bitcoins to its investment portfolio. BlackRock currently has 82.515 BTC ($3.71 billion) on its balance sheet.

The company's chief investment officer for global fixed income, Rick Reeder, believes that soon people will perceive bitcoin more carefully than they currently do.

Bitcoin has a chance to become an important element of the global system of distribution of financial assets, the top manager believes. BlackRock is closely monitoring the situation in the cryptocurrency market, which continues to develop rapidly. Interest in Bitcoin remains at a high level among investors, says the management of the investment company.

Earlier, BlackRock, as one of the main players in the spot Bitcoin ETF market, announced that it was going to advertise crypto-exchange-traded funds on the facades of buildings in New York, Los Angeles and Miami.

Source - Bits.Media

Investment firm BlackRock plans to buy more bitcoins