It is Possible to Invest in Bitcoin with the Shares of These Companies!

We can buy Bitcoin indirectly by using stocks of public companies that buy thousands of Bitcoins for millions of dollars. Which are the most prominent among these companies?

The 2021 crypto asset rally is driving the Bitcoin market deeply changed it. Bitcoin price in 2021 $69,000 It broke a record by going a little 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 believe in the power and technological capabilities of Bitcoin directly buy bitcoin took. Others are Bitcoin mining By doing so, they increased the amount of Bitcoin they held.

The stocks of the companies included in this content are listed on American 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% rally How much are the shares of these companies, which have the same meaning as investing in Bitcoin, in the same period? that it has gained value we will see.

Note: It is not investment advice.

The company that declared Bitcoin as the main reserve asset: Microstrategy

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 in the crypto crash that came after the 2021 bull, but recently, with the price of Bitcoin rising again, the company started to make a profit.

Currently, from this investment of the company Nearly 2 million dollars in profit It is estimated that . Microstrategy purchased 16,130 Bitcoins towards the end of last November.

Thus, the total holdings of the company Bitcoin amount increased to 174,530 rose. In fact, the amount of Bitcoin the company holds is so high that Microstrategy MSTR stock mostly It goes in the same direction as Bitcoin.

In fact, today, some institutional investors are buying this stock instead of buying Bitcoin. MSTR stock through September 16, 2023 It gained 74% value.

Wanting to build the largest Bitcoin mining farm: Marathon Digital

Marathon Digital

Bitcoin mining company Marathon Digital’s (MARA) in your hand right now 13,396 Bitcoins is available. Since it is 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 expenses. sells.

Since it is one of the largest Bitcoin miners, buying stock in the company is indirectly like investing in Bitcoin and this new technology. From September 16, 2023 to present MARA stock gained 96% value.

Company that buys Bitcoin as a value preservation tool: Tesla

Tesla

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% explained.

Elon Musk and Tesla have had a different relationship with Bitcoin to date. Tesla in March 2021 Goods and services will be sold with Bitcoin announced. Just 2 months later, Elon Musk introduced this service “due to the increasing use of fossil fuels in Bitcoin mining and transactions.” you stopped explained.

He announced that he will reopen this service as Bitcoin mining has reached 50% sustainable energy rate. Tesla to 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 stock has only traded from September 16, 2023 to the present. It gained 12% in value. Maybe this rate 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: Coinbase

coinbase

The world’s second largest crypto asset exchange by total trading volume Coinbase (COIN) in your hand 9,480 Bitcoins It is known to be. 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 public company We cannot buy the stock.

COIN stock from September 16, 2023 to present It gained 98% value.

A company that mines Bitcoin at an industrial level: Hut 8 Mining

Hut 8 Mining

One of the leading Bitcoin mining companies Hut 8 Mining Corp (HUT) in their wallets 9,113 Bitcoins there is. Even though the amount of Bitcoin the company has is high, the company’s HUT stock has increased since September 16, 2023. It lost 5% value.

Although the reason for this decline is not fully known, the 5% decline does not seem to stop Hut 8 Mining Corp. Last week, the company entered into partnership with a company called US Bitcoin. united and recently 4 power plants in Canada you will get explained.

bitcoin

4 of the 5 companies’ stocks above rose with Bitcoin and even MSTR, MARA and COIN The fact that its stock has gained more value than Bitcoin has made these companies, which deeply believe in Bitcoin, a very important asset among investors. to the location brings.

If we focus only on the shares of these 3 companies, we can focus on crypto asset exchanges. those who do not trust And Those who do not 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 earn much more money.

Let’s repeat: This content cannot be considered investment advice.​

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