Blackrock's Bitcoin ETF, $IBIT, now holds 183,345 BTC, up 12,624 from yesterday. This is their BIGGEST daily purchase so far. Blackrock now holds 0.87% of the total supply of BTC, with their total assets valued at almost $12 billion. 900 BTC are issued per day. In April this will drop to 450. Blackrock clients bought 14x the newly issued supply!

Blackrock acquired another 6,000 BTC yesterday. Total value of their holdings: $11.4 Billion

$1M BTC by 2034 is VERY conservative. This would require a 31% annual return in fiat terms Bitcoin has returned almost 80%/year in terms of US Dollars over the last 5 years WITH FTX trying its hardest to keep the price down Wall Street firms aren't stupid enough to risk bankruptcy to keep the price down

Blackrock's Bitcoin ETF, IBIT, now holds 164,501 BTC, up 3,236 from Thursday. Blackrock now holds 0.78% of the total supply of BTC. 900 BTC are issued per day. In April this will drop to 450. Blackrock clients bought almost 3.5x the newly issued supply on Friday!

The people refusing to buy Bitcoin today will be so angry at the people who are going all in Today they say "It's a Ponzi scheme," "It's going to zero," or "It's too risky" In 2034 they will say "It's so unfair," "They were lucky," and "Bitcoin is too powerful, it should be banned"

Today 1 BTC = $62,000. You can buy 1,612 Satoshis, or 0.00001612 BTC, for $1. If someone earns $15/hour, they can buy 24,193 satoshis or 0.00024193 BTC per hour. When Bitcoin is $1M, this amount of BTC will be worth $241.93, meaning you ~16x your money. Your actual hourly wage will be worth a lot less in terms of Bitcoin (eg. if it's $20/hour, you'll be able to buy 2,000 Satoshis or 0.00002 BTC with the hourly wage), but the purchasing power of your savings will increase.

There is no top for #Bitcoin's price because there's no bottom for fiat currencies We will see a new high every 4 years or so (some cycles may be a bit different, I can't predict the future, but halvings happen ever 4 years so I think this will be the case) Each cycle fewer people want to sell and more people want to buy Everyone I know who understands Bitcoin wants to add more to their stack!

Blackrock's Bitcoin ETF SURPASSED $10 BILLION of assets under management! $IBIT now holds 161,265 BTC, up 9630 from yesterday. Blackrock now holds 0.77% of the total supply of BTC. 900 BTC are issued per day. In April this will drop to 450. Blackrock clients bought almost 11x the newly issued supply!

Blackrock is going to be launching a Bitcoin ETF in Brazil tomorrow! 🤯🤯

Blackrock's Bitcoin ETF now holds 151,536 BTC, up 10,140 from yesterday. This is a NEW record for the biggest day of inflows 🤯🤯 IBIT's total holdings are now worth $9.5 BILLION. Blackrock now holds 0.72% of the total supply of BTC. 900 BTC are issued per day. In April this will drop to 450. Blackrock clients bought over 11x the newly issued supply!