BTC $64,686.69 +0.40%
ETH $1,917.77 +0.28%
BNB $603.30 -0.28%
XRP $1.00 +0.08%
SOL $77.09 +1.63%
TRX $0.3327 +0.43%
DOGE $0.0702 -0.02%
ADA $0.1741 +0.06%
BCH $203.52 -0.58%
LINK $9.52 +0.34%
HYPE $58.45 -1.51%
AAVE $87.43 -1.61%
SUI $0.6516 -3.36%
XLM $0.1549 -1.63%
ZEC $508.81 -0.77%
BTC $64,686.69 +0.40%
ETH $1,917.77 +0.28%
BNB $603.30 -0.28%
XRP $1.00 +0.08%
SOL $77.09 +1.63%
TRX $0.3327 +0.43%
DOGE $0.0702 -0.02%
ADA $0.1741 +0.06%
BCH $203.52 -0.58%
LINK $9.52 +0.34%
HYPE $58.45 -1.51%
AAVE $87.43 -1.61%
SUI $0.6516 -3.36%
XLM $0.1549 -1.63%
ZEC $508.81 -0.77%

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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