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BlackRock Bitcoin Deposit: 1,197 BTC Transferred to Coinbase

In a bold move that underscores the burgeoning intersection of traditional finance and the cryptocurrency realm, BlackRock Bitcoin deposits have made headlines with the transfer of 1,197 BTC, valued at approximately $110.15 million, into Coinbase Prime.This strategic leap not only signifies BlackRock’s increasing interest in Bitcoin investment but also enhances its profile in the rapidly evolving landscape of digital assets.