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

Odaily News Matrixport released a chart saying that in 2024, investors in leveraged assets of mining stocks 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 iShares IBIT launched by BlackRock in mid-January. This year, even Bitcoin-related companies like Coinbase have underperformed Bitcoin in terms of stock prices. However, MicroStrategy has performed significantly better than other crypto assets with its strategy of borrowing to buy Bitcoin. This positive trend may continue to provide support for Bitcoin prices.