BlackRock says artificial intelligence could ignite the next Bitcoin supercycle.
With more than $14 trillion in assets, the world's largest asset manager is signaling that Bitcoin could play a major role in the next phase of digital asset adoption. Their spot Bitcoin ETF has already accumulated nearly 800,000 BTC, becoming one of the fastest-growing ETFs in history.
At the same time, more than 20 million Bitcoin have already been mined, leaving fewer than 1 million coins left to be created. As ETFs, corporations, and even sovereign governments continue accumulating BTC, the available supply on exchanges keeps shrinking.
In this episode we break down why BlackRock believes AI could accelerate Bitcoin adoption - and why the math behind supply and demand could ultimately lead to $1M Bitcoin.
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