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The 2021 crypto asset rally is boosting the Bitcoin market deep changed it. Bitcoin price in 2021 $69,000 It broke a record by going slightly higher. During the
The 2021 crypto asset rally is boosting the Bitcoin market deep changed it. Bitcoin price in 2021 $69,000 It broke a record by going slightly higher. During the last crypto asset bull run, some companies invested in Bitcoin will invest and some of them are already working with Bitcoin. they will increase told.
Two companies that directly believe in the power and technological possibilities of Bitcoin buy bitcoin taken. Others are Bitcoin mining By doing this, they increased the amount of Bitcoin they owned.
The shares of the companies in this content are listed on US stock exchanges. is traded. The prices of these stocks are sometimes compared to Bitcoin. rises and falls.
Today Bitcoin started on September 16, 2023 and continues until today. 50% increase How much are the shares of these companies, which have the same meaning as investing in Bitcoin, during the same period? that it has acquired value we shall see.
A leading business intelligence company in its field Microstrategy (MSTR); He bought thousands of Bitcoins for millions of dollars in 2021, 2022 and 2023. The company took a big hit during the crypto crash that followed the 2021 bull, but recently when the price of Bitcoin rose again, it started company to make a profit.
Currently coming from this investment from the company Nearly $2 million in profit It is estimated that. Microstrategy bought 16,130 Bitcoins at the end of November.
So the total assets of the company The Bitcoin amount has increased to 174,530 rose. In fact, the amount of Bitcoin the company owns is so high that Microstrategy MSTR stock largely It’s going in the same direction as Bitcoin.
Nowadays, some institutional investors are buying these stocks instead of Bitcoin. MSTR shares through September 16, 2023 It received a value of 74%.
Bitcoin mining company Marathon Digital (MARA) now in your hand 13,396 Bitcoins is available. Being a Bitcoin mining company, it is normal for Marathon to have so much Bitcoin in its accounts. The company even uses these Bitcoins from time to time to cover mining costs. sells.
Being one of the largest Bitcoin miners, buying shares in the company is indirectly the same as investing in Bitcoin and this new technology. From September 16, 2023 to present MARA shares have increased in value by 96%.
Electric vehicle manufacturer in December 2020 Tesla (TSLA), $1.50 billion worth Bitcoin announced the purchase. In early 2021, the company’s CEO Elon Musk announced that the company would invest in this investment to test Bitcoin’s liquidity. sold 10% he explained.
Elon Musk and Tesla have had a different relationship with Bitcoin so far. Tesla in March 2021 Goods and services will be sold with Bitcoin announced. Just two months later, Elon Musk introduced this service “due to the increasing use of fossil fuels in Bitcoin mining and transactions.” you stopped he explained.
He announced that he will reopen this service because Bitcoin mining has reached the 50% renewable energy rate. Tesla will launch Bitcoins in the second quarter of 2022 75% Due to global uncertainties sold.
The company currently has 9,720 Bitcoins is available. Additionally, TSLA shares have only traded from September 16, 2023 to the present. It gained 12% in value. Perhaps this percentage was much higher because Tesla sold a large portion of its Bitcoins. high It could have happened.
The world’s second largest crypto asset exchange by total trading volume Coin base (COIN) in your hand 9,480 Bitcoins It is known to be so. On the other hand, although it is known that there are 671,981 Bitcoins in the accounts of the Binance exchange, Binance Because it is not a government company We cannot buy the shares.
COIN stock from September 16, 2023 to present It received a value of 98%.
One of the leading Bitcoin mining companies Hut 8 Mining Corp (HUT) in their wallets 9,113 Bitcoins there is. Although the amount of Bitcoin the company owns is high, the company’s HUT shares have risen since September 16, 2023. It lost 5% value.
Although the reason for this decline is not fully known, Hut 8 Mining Corp’s 5% decline seems unstoppable. Last week, the company entered into a partnership with a company called US Bitcoin. united and recently 4 power plants in Canada you will get he explained.
Four of the five companies above rose with Bitcoin and even MSTR, MARA and COIN The fact that their shares have gained more value than Bitcoin has made these companies, which believe deeply in Bitcoin, a very important asset among investors. to the location brings.
If we focus only on the stocks of these three companies, we can focus on crypto asset exchanges. those who do not trust And Those who don’t want to buy Bitcoin indirectly by purchasing these shares Can invest in Bitcoin. Those who choose the right time, perhaps according to the rise of Bitcoin can make a lot more money.
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Source: Web Tekno
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.
