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AMD $610.70 +0.48%
BTC $82,991.35 +0.73%
ETH $2,513.85 +1.36%
BNB $750.38 +1.48%
XRP $1.40 +1.45%
SOL $110.48 +1.41%
TRX $0.3308 -0.49%
DOGE $0.0861 +1.93%
ADA $0.2528 +7.04%
BCH $281.07 +2.61%
LINK $13.07 +2.15%
HYPE $85.32 +1.84%
AAVE $170.56 +1.78%
SUI $1.11 +5.55%
XLM $0.1971 +2.65%
ZEC $1,227.29 +1.77%
AAPL $336.10 -0.29%
AMZN $262.58 -0.07%
GOOGL $351.36 -0.22%
MSFT $535.01 -0.18%
META $719.37 -0.03%
NVDA $230.63 +0.31%
TSLA $382.64 -0.25%
SNDK $1,596.79 +0.96%
INTC $105.05 +0.48%
SPCX $163.66 +1.18%
MU $1,037.06 +1.20%
AMD $610.70 +0.48%

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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