This Crypto Stock Actually Gets Stronger When Bitcoin Crashes
Werte in diesem Artikel
You might not expect crypto stocks to do better as crypto prices fall. But there is a type of crypto company that bucks conventional wisdom: mining companies, meaning those that use computing power to validate blockchain transactions and earn rewards.Several of the biggest mining companies, including MARA Holdings (NASDAQ: MARA), Cipher Mining, and TeraWulf, are up big over the last month, even as Bitcoin has dipped by 1%. Even though these companies are all Bitcoin miners, there's a simple reason they can do well even if its price drops.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool