Better Bitcoin Stock: MicroStrategy vs. Riot Platforms
(NASDAQ: MSTR) and Riot Platforms (NASDAQ: RIOT) represent two different ways to invest in Bitcoin's (CRYPTO: BTC) rally of about 150% this year. MicroStrategy is a software company that started hoarding Bitcoin over the past three years. Riot is a leading Bitcoin mining company that mines BTC with its massive fleet of high-end miners.
Both stocks have skyrocketed this year, along with Bitcoin's price. MicroStrategy's stock has risen more than 290% this year, while Riot's stock has rallied more than 310%. Should investors chase either of these high-flying Bitcoin-related stocks right now?
Image source: Getty Images.
Source Fool.com
Microstrateg.a New Stock
€1,494.0
0.640%
With 14 Buy predictions and not the single Sell prediction the community is currently very high on Microstrateg.a New.
With a target price of 1749 € there is a slightly positive potential of 17.07% for Microstrateg.a New compared to the current price of 1494.0 €.
