The world’s richest people have big plans for Bitcoin and crypto, according to widely-followed analyst Tyler Swope.
In a new video, the host of Chico Crypto takes a look at BlackRock, by far the world’s largest asset manager with $8.76 trillion in assets under management and their recent moves into the crypto industry.
According to Swope, BlackRock could be taking advantage of the emerging conversation around sustainable Bitcoin mining by utilizing its partial control over Marathon Digital Holdings, the biggest US Bitcoin mining company and a member of Michael Saylor’s Bitcoin Mining Council.
Swope posits that based on everything BlackRock has been doing to get involved with the crypto industry, there may be something they know, that everyone else doesn’t.
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