Editor's PiCK
MicroStrategy Achieves Top Performance Among Crypto Stocks This Year… Up 402% Over the Year
Summary
- MicroStrategy (MSTR) announced that its stock value increased by 402% over the past year by utilizing Bitcoin as a strategic asset.
- MicroStrategy reported holding approximately 440,000 Bitcoins, valued at over $40 billion.
- Core Scientific and Terawulf also recorded growths of 307% and 142% respectively, drawing attention in the Bitcoin market.
MicroStrategy (MSTR), a business intelligence company listed on the U.S. Nasdaq, has recorded the best performance among crypto-related stocks last year.
According to The Block's report on the 25th (local time), MicroStrategy, while operating as a business intelligence company in the U.S. market, has been continuously purchasing Bitcoin (BTC) throughout the year, using it as a strategic reserve asset. Currently, MicroStrategy holds approximately 440,000 Bitcoins, valued at over $40 billion. The market capitalization of MicroStrategy is about $83 billion, up 402% compared to the beginning of the year.
The company following MicroStrategy is Core Scientific. Core Scientific, a provider of Bitcoin mining and hosting services in North America, has benefited as an industry leader after signing a 12-year contract with hyperscaler CoreWeave last July, among other advantages following the halving in April. Core Scientific's market capitalization is $3.9 billion, having grown 307% since the beginning of the year.
Third place is taken by Terawulf (up 142% since the beginning of the year), and fourth is Bitdeer (up 122% since the beginning of the year).
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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