Blackrock’s Mitchnick: Bitcoin Is ‘Digital Gold’ for Your Next Generation; 1-2% the Allocation Standard
BlackRock, the world’s largest asset manager, has formally delineated its thesis for digital assets, categorizing Bitcoin as a “sovereign store of value” while ceding the payments utility narrative to stablecoins. Robbie Mitchnick, Head of Digital Assets, outlined the firm’s quantitative approach this week, framing Bitcoin not as a tech stock proxy, but as a generational alternative to the $26 trillion gold market.
2025-12-03 15:40:00