Matrixport, the cryptocurrency company of the famous Chinese billionaire Jihan Wu, announced what the Bitcoin (BTC) investment that can provide the greatest return in 2024 is.
matrixport Wednesday, September 27 published a remarkable report. In the report, for 2024 most profitable And best Bitcoin investment strategy currently traded on the stock exchange. Bitcoin mining company shares It was stated that it could happen.
Matrixport states that a diversified portfolio of Bitcoin mining stocks can be more profitable than investing in Bitcoin itself. HIVE Digital (HIVE), Bitfarms (BITF), Marathon Digital (MARA), VanEck Digital Transformation ETF (DAPP), Hut 8 Mining Corp (HUT), Riot Platforms (RIOT), Coinbase (COIN), Bitwise Crypto Industry Innovators ETF (BITQ) And Iris Energy (IREN) showed.
In the report, the stocks in question compared to the current price of Bitcoin 33% lower price It was stated that it was located. In addition, these shares have potential It offers 52% better performance than Bitcoin emphasized.
Making a statement on the subject, Matrixport Research President Markus ThielenIn a reality where Bitcoin fell to 30 thousand dollars, these stocks 97% He stated that it has higher valuation potential.
With this Bitcoin reaches all-time high from 70 thousand dollars IIn a world where he is treated an investment in mining shares from 500% He highlighted that it could offer high returns:
The 10 stocks included in our regression analysis have the potential to appreciate 97% higher if Bitcoin returns to $30,000. On the other hand, if Bitcoin reaches a new all-time high and trades at $70,000, mining stocks could appreciate up to an impressive 572%. For the sake of diversification, choosing to invest in a number of discounted Bitcoin mining stocks or tokens with significant growth potential could possibly represent the ultimate bet for 2024.