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.
You may also like
a16z Crypto establishes its first office in South Korea
State Street and Galaxy to launch tokenized liquidity fund on Solana in 2026
Norwegian central bank temporarily halts progress on CBDC plan