Bitcoin vs Miners, MSTR & COIN
The top chart shows Bitcoin price in USD, while the bottom chart shows the % change in the stock of price of various crypto miners, Microstrategy (MSTR) the 3rd biggest company owner of Bitcoin and Coinbase (COIN) the crypto exchange.
See how MSTR stock has outpaced all miners as well as Coinbase since the start of the year in percentage terms. Today, it is up 136% so far since the start of the year, while Bitcoin is up 45%.
The bottom chart shows Bitcoin vs MSTR on the top left and their correlation, which remained at a high 0.70-0.90 over the last 7 months.
The right chart shows the % performances since January 2023 (not 2024), highlighting how IREN and MSTR are up 991% and 931% since Jan 3rd 2023 respectively, while Bitcoin is up 270% over the same period.
More Hot-Charts
-
Gold & Nasdaq100
Sep 28, 2026 10:32 | by Ashraf Laidiسأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group... -
Gold & GoldBugs
Sep 24, 2026 11:51 | by Ashraf LaidiIf the inverse relation between gold and goldbugs index explained repeatedly in previous videos such as here and here continues to work, then watching the 4230 level is as important as... -
Nasdaq Part 2
Sep 24, 2026 9:44 | by Ashraf LaidiNow that Nasdaq has fallen following yesterday's post, will it extend declines to 30000. What do you think of this fractal.
