BlackRock CEO Larry Fink has suggested that Bitcoin could reach a price of $700,000 if concerns about currency debasement and economic instability persist.

BlackRock CEO Larry Fink said Bitcoin will hit $700k, while Goldman Sachs CEO David Solomon said BTC is not a threat to the dollar.

If everybody adopted that conversation, it would be $500,000, $600,000, $700,000 for bitcoin’ — Larry Fink That’s Larry Fink, chief executive at BlackRock Inc., the world’s largest asset manager, who says that bitcoin could reach $700,

BlackRock, the world’s largest asset management firm, reportedly purchased $600 million worth of Bitcoin on January 22. This marks its largest acquisition of the crypto this year. The recent BTC acquisition was spotted by blockchain analytics platform Arkham Intelligence.

Larry Fink, CEO of BlackRock, has suggested that Bitcoin could reach $700,000 per coin, citing its growing role as a hedge against economic instability. His projection, sparked by a discussion with a sovereign wealth fund,

The CEO of Bitcoin ETF giant BlackRock said that continued adoption of BTC could push the asset's price to a multiple of the current mark.

The CEO of the largest asset manager in the world says that Bitcoin (BTC) could see drastically higher prices if sovereign wealth funds begin accumulating.

BlackRock CEO Larry Fink said that Bitcoin could climb as high as $700,000 per coin, driven by collective, small allocations from asset managers worldwide.

Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market. In fact, only five stocks in the S&P 500 created more wealth than Bitcoin last year.

BlackRock CEO Larry Fink shared his thoughts on Bitcoin's potential and global economic trends during an interview at the World Economic Forum.

BlackRock is tired of being lumped in with MicroStrategy when it comes to Bitcoin. The asset management titan wants the world to know it’s playing a different game.

BlackRock’s Chief Executive Officer Larry Fink confirmed in an interview that he strongly believes in Bitcoin. He also predicted that the asset’s underlying price could skyrocket to $700k shortly.