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Michael Saylor Predicts BlackRock's IBIT Will Be Biggest ETF In 10 Years

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Summary
Nutrition label

74% Informative

Michael Saylor , Executive Chairman of Strategy Inc. , made a strong statement about the future of the BlackRock iShares Bitcoin ETF ( IBIT ) at an investor event in New York City .

Saylor predicted that IBIT would become the biggest exchange-traded fund in the world over the next decade .

Strategy currently owns 538,200 Bitcoin units, buying 6,556 BTC at an average price of $ 84,785 , spending around $555.80 million .

Bitcoin traded at $ 92,889.25 , down 0.97% in the past 24 hours .

VR Score

65

Informative language

58

Neutral language

52

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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