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November 19, 2024

BlackRock supports US strategic Bitcoin reserve amid rumors of executive order

The world’s largest asset manager, BlackRock, has reportedly endorsed the idea of creating a US Strategic Bitcoin (BTC) Reserve as states and the Trump administration accelerate plans to institutionalize the digital asset. Satoshi Act Fund CEO and co-founder Dennis Porter revealed the development, which has sparked renewed debates over Bitcoin’s role in national economic strategy.

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