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Stock Market Bull (Representative Image)|Alankitassigments|CC BY-SA 4.0

Miami Beach Convention Center’s got a new addition on Wednesday as a celebratory start for the Bitcoin Crypto Week.

Mayor Francis Suarez unveiled a 3000-pound sculpture of a charging bull, similar to Wall Street’s Bowling Green Bull, except for its robotic structure and bitcoin laser eyes.  

The new bull sculpture, standing 11 feet tall and weighing over 3,000 pounds, poses as a powerful symbol for the future of cryptocurrency in the Magic City.    

The Bitcoin 2022 conference
The ongoing Miami conference intends to attract more investment for cryptocurrency projects. 

The organizers of the Bitcoin 2022 conference expect at least 75 companies to utilize this platform to make announcements for their businesses.

More than 25,000 attendees have arrived in Miami to hear announcements regarding crypto.

Miami mayor trying to make it the next crypto destinationMayor Francis Suarez has been trying to attract crypto companies for the past two years.

The Mayor’s efforts did not go in vain. In 2020, VC funding for Miami-area crypto companies stood at $6 million. Come 2021, the funding sky-rocketed to $745 million.