BlackRock Advises Bitcoin Investment
This is a news story, published by CoinGape, that relates primarily to Bitcoin news.
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•The world’s largest asset manager, BlackRock, makes compelling case for Bitcoin
63% Informative
BlackRock said Bitcoin has a similar risk profile to the Magnificent seven stocks.
The asset manager recommended up to a 2% allocation to Bitcoin .
BlackRock hinted that the Bitcoin price may find it harder to record the kind of gains to which it has become accustomed as time passes.
Microsoft shareholders recently voted against the Bitcoin proposal.
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