"Some BTC-related stocks surpass BTC growth after Trump's re-election"

Source
Son Min

Summary

  • According to Matrixport, Bitcoin prices rose by 52% after Donald Trump's re-election.
  • The stock prices of MicroStrategy and Metaplanet surpassed Bitcoin's growth rate, rising by 70% and 149%, respectively.
  • Additionally, Bitdeer rose by 227%, recording the highest returns.

An analysis has emerged showing that Bitcoin-related stocks have shown strong growth following Donald Trump's election.

On the 6th (local time), Matrixport reported that "Bitcoin rose by 52% after Donald Trump was re-elected," and "Bitcoin-related stocks recorded higher returns than Bitcoin." It further stated, "During the same period, the stock prices of MicroStrategy and the Japanese listed company Metaplanet, which benchmarked their strategy, rose by 70% and 149%, respectively," adding that "Bitdeer also rose by 227%, showing the most significant increase."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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