BlackRock's plan is actually very simple
What if the current market stagnation isn't just random?
It's so that BlackRock and other major players can buy up BTC from those who are forced to sell.
The halving + rising electricity costs = increased cost of BTC mining. Miners are finding it increasingly difficult to hold onto the BTC they mine until better times – they have to sell to cover their expenses.
At the same time, major miners are shifting their resources towards the AI boom, selling even more BTC (just look at how the miners' reserves are dwindling in the chart).
And so, we have an interesting situation: BlackRock, with its vast amounts of money, continues to buy BTC at low prices, taking coins from those who are forced to sell. All of this is happening against the backdrop of yet another postponement of the Clarity Act, under rather strange circumstances – just like with the Bitcoin ETF. They are postponing it for what? To accumulate even more Bitcoin.
