Crypto Public Companies Outperformed Crypto Assets | Crypto Daily Digest July. 17
Although major crypto assets such as Bitcoin and Ethereum have generated impressive year-to-date returns of over 60%, crypto-related companies like Michael Saylor's MicroStrategy, Coinbase, and several mining firms have outperformed them by a significant margin. Year-to-date, most of these companies have seen their stock prices surge by 200% to over 400%.
The surge in the stock prices of these publicly traded companies indicates a sustained interest in crypto investments from equity market participants and institutional investors, who are often unable to invest directly in crypto assets.
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