Fidelity has $4.5 trillion under management.
— Luke Broyles (@luke_broyles) February 27, 2024
They are currently encouraging up to a 3% allocation.
Bank of America (years ago) said price multiple was 118:1.
If Fidelity moves $135 billion towards #Bitcoin at a 118:1 multiple price per coin would reach $850,000.
Forget… pic.twitter.com/rFLUtXb6mS
Ledger Wallet
Monday, February 26, 2024
Fidelity's 3% Allocation Calculated
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