Report: BTC Mining Companies and Digital Asset Companies’ Stock Prices Return Better Than BTC

Despite strong performance by cryptocurrencies, the stock prices of a series of listed BTC mining companies and other digital asset companies such as Coinbase have soared even higher, with a return rate of up to 266%. This performance, which exceeds Bitcoin by more than 110%, highlights the cyclical nature of BTC mining companies, which are deeply affected by fluctuations in cryptocurrency prices.

Analysis shows that if Bitcoin reaches a historical high of $70,000, investors in the asset itself can expect a return of approximately 167%. However, diversified investment portfolios of listed Bitcoin mining companies such as HIVE Digital, Bitfarms, and Iris Energy may bring even greater returns. According to the report's release price of Bitcoin, these entities have a 33% discount on their trading prices, with a potential upside of 52%.

Markus Thielen, head of research at Matrixport, said that regression analysis shows that if Bitcoin returns to $30,000, the valuation of these stocks could rise by 97%, and if Bitcoin reaches $70,000, the valuation of these stocks could rise by 572%.