BlackRock CEO Fink: Has discussed buying Bitcoin with some sovereign wealth funds
2025-01-24 11:35
Odaily News BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin
Fink added that as the Federal Reserve's concerns about the dollar crisis intensify, inflation concerns have stimulated people's interest in Bitcoin, and governments have increased spending and stimulus measures in recent years. Analysts believe that the soaring US inflation rate has forced the Federal Reserve to raise interest rates at a historic rate, pushing up debt interest payments and exacerbating people's concerns about a "death spiral". Federal Reserve officials are still struggling to deal with the imminent "stagflation nightmare" scenario. (Forbes)
