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5.15039142975862E-05 0.000360527400082518 -0.000309023485784931 -0.00185414091470944 -0.0024721878862793 -0.00211166048619693 -0.00314173877214661 -0.00844664194478773
Stock impact report

Now Is 'Really Good Time' to Buy Bitcoin, Says Trillion Dollar Investment Manager [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Rowe Price—the firm that handles over $1 trillion in assets—said that now is a good time to have exposure to bitcoin. He likened the price of bitcoin to a commodity and how investors should think about investing in it. “Bitcoin itself has traded very close to its average cost to mine. So if you think about it like a traditional commodity, that's actually historically a really good time to have exposure to it when it's close to its cost of mine,” he said. In traditional commodity investing, when the cost of mining or extracting a commodity is close to the spot price, it often signals that the commodity's price might have found the floor or has a limited downside. This is something contrarian investors look for when investing in commodities, as the bearish se Read more
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