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Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows
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cointelegraph.comBitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks.
New data currently circulating shows that for all the growth in the industry surrounding Bitcoin, it still pays simply to buy and hold.
Looking at the stock performance of firms with the largest BTC allocations on their balance sheets, it becomes immediately apparent that it was more profitable to hold BTC than those equities — at least this year.
“Buying crypto stocks to outperform coins is hard,” Three Arrows Capital CEO Zhu Su commented alongside comparative performance data from Bloomberg.
Both Bitcoin and Ether (ETH) have fared significantly better than stocks from companies, such as MicroStrategy (MSTR) and Coinbase (COIN),
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