Fink laid out a scenario where Bitcoin jumps sixfold to hit $700,000 in a discussion about crypto in Davos Wednesday.

BlackRock CEO Larry Fink has confidently predicted Bitcoin could soar to $700,000 per coin, citing increasing institutional adoption and blockchain advancements. Speaking to a Wall Street audience, Fink called Bitcoin a global asset redefining investment norms,

BlackRock’s Chief Executive Officer Larry Fink confirmed in an interview that he strongly believes in Bitcoin. He also predicted that the asset’s underlying price could skyrocket to $700k shortly.