BTC $75,775.70 +8.48%
ETH $2,374.12 +5.03%
BNB $668.17 +6.13%
XRP $1.31 +17.87%
SOL $90.57 +5.53%
TRX $0.3383 +1.57%
DOGE $0.0832 +10.55%
ADA $0.2089 +13.35%
BCH $255.99 +19.72%
LINK $11.04 +4.54%
HYPE $73.02 +1.50%
AAVE $100.62 +4.18%
SUI $0.7722 +9.76%
XLM $0.1870 +10.80%
ZEC $604.09 +8.19%
BTC $75,775.70 +8.48%
ETH $2,374.12 +5.03%
BNB $668.17 +6.13%
XRP $1.31 +17.87%
SOL $90.57 +5.53%
TRX $0.3383 +1.57%
DOGE $0.0832 +10.55%
ADA $0.2089 +13.35%
BCH $255.99 +19.72%
LINK $11.04 +4.54%
HYPE $73.02 +1.50%
AAVE $100.62 +4.18%
SUI $0.7722 +9.76%
XLM $0.1870 +10.80%
ZEC $604.09 +8.19%

Data: MicroStrategy's stock price has risen 185% this year, while MARA has increased by 107% over the past 12 months

2024-10-09 12:37:42

ChainCatcher news, Tuesday, although the price of Bitcoin against the US dollar fell by more than 2%, MicroStrategy's stock price rose by more than 6% compared to the previous day. Since the beginning of this year, the company's stock performance has outpaced Bitcoin, rising 185% since January, while Bitcoin's increase has been 47%.

Similarly, several Bitcoin mining company stocks have also experienced significant increases in recent years, with MARA Holdings (NASDAQ: MARA) rising 107% in the past 12 months and 860% in the past five years. However, the company's stock price has fallen by about 40% so far this year. Recently, MARA adopted MicroStrategy's strategy, choosing to accumulate Bitcoin as reserves while holding its mined BTC instead of selling.

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