The Wall Street bank plans to let clients hold bitcoin alongside traditional assets through its new Custody+ platform.

According to Bitcoin Magazine, asset management company BlackRock, which manages assets of approximately $15 trillion, remains bullish on Bitcoin despite a 50% drop in its price from historical highs. BlackRock stated that the core investment logic of Bitcoin as an emerging global currency alternative and a unique investment portfolio diversification tool has not changed.

The US stock market opened lower, with the Dow Jones Industrial Average falling 157 points, the Nasdaq falling 297 points, and the S&P 500 index falling 0.57%.

Citibank has confirmed that it will launch a Bitcoin custody service for institutional clients in 2026, which will use the same track as TradFi. （Bitcoin Archive）

Yi Lihua, founder of Liquid Capital, said that AGPU's second quarter financial report showed that the proportion of contract advance payment was 20% to 40%, and it had received $317 million in advance payment in August; Expected EBITDA profit margin of 62% to 76%, higher than CRWV's 59% and NBIS's 50%; The company is transforming into a holder of computing power centers, partnering with DUOS to build data centers and holding a 49% stake; Short term financing mainly relies on customer prepayments and bond issuance. Yilihua believes that AGPU has a new contract worth $1.5 billion, with a total contract exceeding $3 billion, and is expected to complete a total contract worth $1 billion this year. The current stock price is severely undervalued.