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BlackRock Acquires $8.7 Billion in Bitcoin Over Three Days

The asset manager’s multi-billion-dollar purchase underscores its rapid expansion into digital currencies.

BTC

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Terms & Concepts
  • Bitcoin: A decentralized digital currency operating without a central bank, enabling peer-to-peer transactions over a blockchain network.
  • Blockchain: A distributed digital ledger that records transactions securely and transparently across multiple computers.