BlackRock has reiterated its long-term confidence in Bitcoin, even as the cryptocurrency's price hovers near $100,000. In a recent SEC filing, BlackRock cited Bitcoin's growing adoption, deepening liquidity, and the diminishing credibility of traditional monetary systems as key factors supporting its strategic value. The firm noted that Bitcoin's network growth has surpassed major historical technology cycles, with over 300 million users 12 years post-launch. Additionally, BlackRock highlighted the success of its iShares Bitcoin Trust (IBIT), which has become the most actively traded Bitcoin ETF, attracting over $64.45 billion in net inflows. The firm positions Bitcoin as a global monetary alternative, particularly in the context of increasing debt and geopolitical uncertainty.