I from my quick research and understanding, BlackRock is intensifying its commitment to Bitcoin through several strategic moves. They are reportedly in discussions to acquire a stake in Millennium, a leading alternative asset manager known for its significant holdings in Bitcoin ETFs12. Additionally, their iShares Bitcoin Trust (IBIT) has experienced record inflows, surpassing $4.1 billion in trading volume recently, driven by market optimism following Donald Trump's election victory34. This surge indicates BlackRock's increasing focus on digital assets as they aim to capitalize on the growing popularity of Bitcoin over traditional investments like gol.

Basically they are making acquisitions and capitalizing before BTC is at 100K