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The stock's price is over double the value of Bitcoin per share, which means the company can increase the "yield" rapidly. In 2024, the company had a 74.3% Bitcoin yield, according to management.
*Stock Advisor returns as of January 13, 2025. Chris MacDonald has positions in Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy.
These three top cryptocurrencies are making big moves higher today, due in part to three catalysts.
Importantly, these top cryptos staged impressive recoveries from today's 24-hour lows, with Bitcoin, Ethereum, and Dogecoin previously down 5.1%, 7.5%, and 6.5%, respectively, at their daily lows.
That said, today's selling pressure has been notable, and has once again taken Bitcoin below the key $100,000 threshold, with Ethereum continuing to hover around $3,300 and Dogecoin trading at ...
Bitcoin's (CRYPTO: BTC) price more than doubled to a record high during the past 12 months. Four catalysts drove that rally: the approvals of Bitcoin's first spot price exchange-traded funds (ETFs ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of May 13, 2024. Chris MacDonald has positions in Ethereum. The ...
Dominic Basulto (Ethereum): For almost its entire existence, Ethereum has played second fiddle to Bitcoin. In the minds of many investors, Bitcoin is "digital gold," and there's no way that ...