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2024-09-19 11:15:03

Nashi on Nostr: Which #BTC-related stock has the highest correlation with Bitcoin? Here are the ...

Which #BTC-related stock has the highest correlation with Bitcoin?
Here are the numbers since the launch of the Bitcoin ETF:

MicroStrategy: 78%
Coinbase: 75%
Riot Platforms: 63%
Marathon Digital: 62%

I’m excited to see more companies join the unstoppable BTC train, positioning themselves to inevitably outperform their competitors. But let’s not forget, Bitcoin doesn’t need these companies to adopt it, they need Bitcoin.
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