Data: MicroStrategy's stock price has risen 185% this year, while MARA has increased by 107% over the past 12 months
On Tuesday, although the price of Bitcoin against the US dollar fell by more than 2%, MicroStrategy's stock price rose by over 6% from the previous day. So far this year, the company's stock performance has outperformed Bitcoin, rising 185% since January, while Bitcoin has increased by 47%.
Similarly, several Bitcoin mining stocks have also experienced significant increases in recent years. Among them, MARA Holdings (NASDAQ ticker: MARA) has risen 107% in the past 12 months and has risen 860% over the past five years. However, so far this year, its stock price has fallen about 40%. Recently, MARA adopted Microstrategy's strategy of accumulating Bitcoins as reserves while holding onto its produced BTC instead of selling it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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