BlackRock in Talks to Acquire Minority Stake in $70 Billion Millennium Management, Major BTC Holder

BlackRock is in discussions to acquire a minority stake in Millennium Management, a hedge fund managed by Izzy Englander.

Millennium Management is notable for its significant holdings in Bitcoin, with over $1 billion in spot BTC ETF holdings. The hedge fund manages approximately $70 billion in assets. The news was reported by @ft, and BlackRock trades under the ticker $BLK.

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