Here's why Bitcoin mining stocks have been outperforming BTC price in 2021
Cointelegraph
Published Sep 28, 2021 10:36AM ET
Updated Sep 28, 2021 12:20PM ET
Bitcoin (BTC) might have outperformed traditional financial markets regarding investment returns, but the cryptocurrency still fell behind Bitcoin-related companies.
The price of BTC climbed by about 290% year-over-year, wherein it surged from $10,695 to a little over $42,000. In comparison, shares of Marathon Digital Holdings (MARA), one of the largest North American crypto mining companies, rose by 1,641% in the same period.
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Written By: Cointelegraph
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