Some Senior Managers at the Investment Titan BlackRock Believe That 85 Percent of Your Investments Should Go Into Bitcoin!
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
A 2022 paper authored by mid- and senior-level employees at the investment behemoth BlackRock is causing quite a lot of upheaval in the crypto-focused circles of social media currently, given its phenomenally positive implications for Bitcoin. While the core thesis of the paper is quite likely to have been priced in already, the wild buzz that it is only now generating merits a thorough understanding of the underlying assumptions, limitations, and conclusions.
Bitcoin Twitter is freaking out about a @BlackRock research paper that apparently suggests an optimal portfolio allocation of 84.9% to #Bitcoin.
How do they come this conclusion and what are the underlying assumptions?
Let's find out
Read more on wccftech.com
