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

Coinbase Global, Inc. - Class A (COIN)
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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
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COIN
Earnings
- 2/13/25 - Beat
COIN
Sec Filings
- 3/26/25 - Form 4
- 3/26/25 - Form 4
- 3/24/25 - Form 144
- COIN's page on the SEC website