These Companies Have Collectively Bought $3.9 Billion Worth of Bitcoin

Sean Williams, The Motley Fool
·6-min read
These Companies Have Collectively Bought $3.9 Billion Worth of Bitcoin

The tech-heavy Nasdaq Composite has nearly doubled, while the benchmark S&P 500 has gained 74%. Bitcoin has more than sextupled the gains of the Nasdaq Composite since the March 23 low and is up a cool 11,510% over the trailing five-year basis (through March 1, 2021). Three publicly traded companies have collectively scooped up $3.9 billion worth of Bitcoin since this past summer.