⸺ Bull case · January 23, 2025 ⸺
Larry Fink
Chairman & CEO, BlackRockInstitution
“If everybody adopted that conversation, it would be $500,000, $600,000, $700,000 per Bitcoin.”
Price at the call
$103,934
Today
$61,577
Target · no fixed deadline
$700K
Boldness of the call×6.74
Progress to target0.0%
Needs another ×11.4 from today’s $61,577.
If you’d listened
×0.59
-41% since the call
Skin in the game
70/100
BlackRock runs IBIT, the largest spot BTC ETF — though Fink stayed personally cool.
The reluctant convert: Fink called Bitcoin 'an index of money laundering' in 2017 and only pivoted when BlackRock filed for its spot ETF. His $700k figure is a conditional Davos scenario — mass sovereign-wealth allocation — that he expressly disclaimed ('I'm not promoting it'). The most caveated bull on the list.