BTC $62,658.54 +0.08%
ETH $1,765.43 -0.26%
BNB $588.69 +2.50%
XRP $1.12 -2.38%
SOL $81.04 -0.66%
TRX $0.3292 +1.19%
DOGE $0.0765 -1.10%
ADA $0.1884 +4.40%
BCH $237.32 +4.01%
LINK $7.93 -0.42%
HYPE $69.08 -2.28%
AAVE $88.79 +0.83%
SUI $0.7510 -1.32%
XLM $0.2001 -2.15%
ZEC $460.55 -0.83%
BTC $62,658.54 +0.08%
ETH $1,765.43 -0.26%
BNB $588.69 +2.50%
XRP $1.12 -2.38%
SOL $81.04 -0.66%
TRX $0.3292 +1.19%
DOGE $0.0765 -1.10%
ADA $0.1884 +4.40%
BCH $237.32 +4.01%
LINK $7.93 -0.42%
HYPE $69.08 -2.28%
AAVE $88.79 +0.83%
SUI $0.7510 -1.32%
XLM $0.2001 -2.15%
ZEC $460.55 -0.83%

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
Collection

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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