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BNB $750.84 +1.57%
XRP $1.40 +1.45%
SOL $110.48 +1.41%
TRX $0.3308 -0.49%
DOGE $0.0861 +1.93%
ADA $0.2530 +7.28%
BCH $281.24 +2.83%
LINK $13.07 +2.15%
HYPE $85.32 +1.84%
AAVE $170.56 +1.78%
SUI $1.12 +6.21%
XLM $0.1971 +2.65%
ZEC $1,228.47 +2.03%
AAPL $336.14 -0.16%
AMZN $262.58 -0.07%
GOOGL $351.35 -0.29%
MSFT $535.01 -0.18%
META $719.37 -0.03%
NVDA $230.63 +0.34%
TSLA $382.65 -0.17%
SNDK $1,596.79 +1.15%
INTC $105.05 +0.59%
SPCX $163.66 +1.21%
MU $1,037.06 +1.27%
AMD $610.70 +0.65%

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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