Bitcoin Outperforms Tesla Stock After 5 Years of Impressive Growth
Over the past five years, Bitcoin’s price rose by around 1,180% while Tesla stock only managed to climb by 806% during the same time period.
Bitcoin has also seen an impressive increase of 139% over the past year, contrasting sharply with Tesla's 11% decline, which has helped position Bitcoin as the world's ninth-largest asset.
Bitcoin's market value now exceeds that of major companies including Meta Platforms, Berkshire Hathaway, Visa, and JPMorgan Chase.
Tesla started its Bitcoin investment journey in February of 2021 by purchasing over $1.5 billion at around $36,000 per unit. Although the company has sold a lot of its holdings, it still owns 11,509 BTC.
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