Blackrock Believes Bitcoin’s Investment Case Holds Despite 50% Drop

19-Aug-2026 Bitcoin.com
Blackrock logo on New York HQ buildingBlackrock says bitcoin’s more than 50% pullback from its October 2025 high hasn’t changed the asset’s long-term investment case, and the firm still recommends a 1-2% portfolio allocation funded out of equities. Blackrock’s Case for Staying the Course In a new report titled “Re-Underwriting Bitcoin,” Blackrock laid out why it believes the cryptocurrency’s steep decline […]
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