T. Rowe Price Expert: Now Is the Right Time to Invest in Bitcoin

 

T. Rowe Price Expert: Now Is the Right Time to Invest in Bitcoin

A senior expert from T. Rowe Price, one of the largest U.S. investment firms, has identified now as an optimal entry point for Bitcoin investment while emphasizing the long-term potential of blockchain technology.

📊 Bitcoin at Its Mining Cost – A Buy Signal?

Speaking at the Exchange Conference in Las Vegas on March 25, Dominic Rizzo, Global Technology Portfolio Manager at T. Rowe Price, told 2,000 investment professionals that Bitcoin's current price is closely aligned with its average mining cost.

“When an asset's spot price aligns with its production cost, downside risk is often limited—this presents a strong buying opportunity for investors.”

At $87,585 on Binance, Bitcoin’s price mirrors its estimated mining cost, reinforcing Rizzo’s point that it’s an attractive accumulation phase.

🔗 Blockchain & Digital Payments: The Future of FinTech & AI

Rizzo also highlighted blockchain and digital payment technologies as key drivers of FinTech and AI innovation.

🗣 “The world is becoming increasingly global, and the shift from cash to digital payments is accelerating. A software-driven approach can reduce costs in sectors that were traditionally untouched by software.”

🏆 Investment Opportunities in Blockchain

Rizzo encouraged investors to consider blockchain exposure, suggesting:
✅ Coinbase (COIN) & Robinhood (HOOD) stocks.
✅ Crypto mining firms benefiting from AI advancements.

🚀 With institutional players recognizing Bitcoin’s fair value zone, investment interest in blockchain technology is growing rapidly.