Matrixport: MicroStrategy performs well, mining stocks perform poorly, Bitcoin spot ETF may become the best investment strategy

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ODAILY
3 days ago
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Odaily Planet Daily reported that Matrixport released a chart showing that in 2024, investors in leveraged mining assets can be said to be in a difficult situation. Due to the halving of miner rewards, the publicly listed Bitcoin mining sector has performed poorly. In contrast, a simpler and more efficient strategy is to hold a Bitcoin spot ETF, such as the iSharesIBIT launched by BlackRock in mid-January. This year, even companies related to Bitcoin, such as Coinbase, have not performed as well as Bitcoin. However, MicroStrategy, with its strategy of borrowing to buy Bitcoin, has performed significantly better than other crypto assets. This positive trend may continue to provide support for the Bitcoin price.

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