Blackrock Compares Bitcoin to ‘Magnificent 7’ Stocks: The Next Big Allocation Play - Crypto viral buzz

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Thursday, 12 December 2024

Blackrock Compares Bitcoin to ‘Magnificent 7’ Stocks: The Next Big Allocation Play



Blackrock has emphasized bitcoin’s growing portfolio significance, recommending a measured allocation strategy akin to mega-cap tech stocks. Bitcoin Meets the ‘Magnificent 7’: Blackrock’s Allocation Recommendation Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, published a report titled “Sizing bitcoin in portfolios” on Thursday. The report examines bitcoin’s distinct characteristics, […]



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