Crypto Stocks Like MicroStrategy, Coinbase, Marathon Could ‘Outperform The Majority Of Crypto Coins,’ Says Veteran Trader
Posted On November 12, 2024
Pseudonymous crypto trader Cold Blooded Shiller laid out the case for investing in crypto-related stocks over cryptocurrencies.
What Happened: The trader announced on his X profile that he has been building positions for months, incurring a significant profit.
In his “Ultimate Crypto Stocks” thread, he shared a comparison of crypto stocks and coins, highlighting those stocks such as MicroStrategy (NASDAQ:MSTR) (up 960%) and Coinbase (NASDAQ:COIN) (up 350%), which have outperformed Bitcoin (up 210%) since October 2023.
In the 2021 bull market, crypto stocks like Riot Platforms (NASDAQ:RIOT) (up 10,000%) and Marathon Holdings (NASDAQ:MARA) (up 16,000%) far outpaced Bitcoin’s 1,100% gain from the …
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