Firms with Bitcoin on their balance sheets now hold over 630,000 BTC, more than 3% of BTC’s fixed 21 million supply. Major ...

Standard Chartered's Geoffrey Kendrick, has found a strong correlation between Bitcoin and the Nasdaq Composite.

Tesla reports first-quarter earnings and revenue after the stock market closes on Tuesday, but with many analysts and ...

Bitcoin jumped by more than 8% on Wednesday afternoon after President Donald Trump posted on Truth Social that he had ...

According to Kendrick, replacing Tesla with Bitcoin in the "Mag 7B" can yield larger returns and reduced volatility than the original Mag 7, suggesting Bitcoin can balance a portfolio better than ...

because why buy Bitcoin at current spot prices when we can mine it for $34,000?" Electric vehicle manufacturer Tesla joined the ranks of companies holding Bitcoin in December 2020, with an SEC filing ...

To illustrate this, Standard Chartered created a hypothetical index dubbed “Mag 7B,” which inserts Bitcoin into the popular “Magnificent 7” tech-stock basket while removing Tesla.

This new "Mag 7B" would swap out Tesla for bitcoin. The result? The Mag7B produced consistently higher risk-adjusted returns than the original group over the past seven years, reinforcing BTC's ...

Standard Chartered suggests Bitcoin should join Tesla in the elite stock group due to its stronger returns and lower volatility over the past seven years. Major asset managers like BlackRock recommend ...