If everybody adopted that conversation, it would be $500,000, $600,000, $700,000 for bitcoin’ — Larry Fink That’s Larry Fink, chief executive at BlackRock Inc., the world’s largest asset manager, who says that bitcoin could reach $700,

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 predicts Bitcoin could hit $700K if sovereign wealth funds allocate 2%-5% of portfolios, boosting its valuation.