Bank of America reported strong results
(+34% in EPS) and its stock is trading near its highs.
At the same time:
✅ Increased positions in Bitcoin, Ethereum, and XRP ETFs
✅ It now allows its advisers to recommend up to 4% in crypto
❌ But it cut its stake in Strategy (MSTR) by nearly 80%
It’s the “Wall Street” way to get into crypto: regulated, limited, and without going off the rails.
Benefit? It normalizes exposure.
Downside? It’s still a traditional bank: if the stock market shakes, BAC feels it too.
#BinanceSquareTalks
(+34% in EPS) and its stock is trading near its highs.
At the same time:
✅ Increased positions in Bitcoin, Ethereum, and XRP ETFs
✅ It now allows its advisers to recommend up to 4% in crypto
❌ But it cut its stake in Strategy (MSTR) by nearly 80%
It’s the “Wall Street” way to get into crypto: regulated, limited, and without going off the rails.
Benefit? It normalizes exposure.
Downside? It’s still a traditional bank: if the stock market shakes, BAC feels it too.
#BinanceSquareTalks