TechFlow news, on October 28, according to Jinshi Data, BlackRock, the world's largest asset management company, has set a new record in its Bitcoin holdings. The data shows that it currently holds over 400,000 bitcoins, worth approximately $26.98 billion at current prices. In just the past two weeks, BlackRock has increased its Bitcoin holdings by 34,085 coins, valued at around $2.3 billion.
However, the rapid rise in BlackRock's holdings has sparked market concerns about its potential impact on the Bitcoin ecosystem. Some market participants have questioned whether it might attempt to fork the Bitcoin blockchain in the future to create a version more aligned with its own interests. While most industry insiders believe such concerns lack a realistic basis, BlackRock's massive holdings have indeed triggered debates over the implications for Bitcoin’s decentralization ethos.
