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BlackRock's chief investment officer has argued that Bitcoin retains meaningful upside, even as the artificial intelligence boom pulls institutional attention — and dollars — toward tech equities.
The remarks put one of the world's largest asset managers on record as bullish on $BTC at a moment when the crypto-versus-AI trade-off is a live debate among allocators.
The Core Argument The CIO's position, as reported by crypto.news, is that AI's dominance in portfolio conversations does not crowd out the case for Bitcoin.
The two are framed as parallel rather than competing opportunities — a view that challenges the common allocation logic that dollars chasing Nvidia and its peers are dollars leaving crypto.
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