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The weekly performance of major public companies which hold Bitcoin portrays diversified results. MicroStrategy, the giant known for its most significant investment in Bitcoin, slightly lost 1.45% on the stock price, which is now at $1,752. On the other hand, Marathon Digital Holdings (MARA) has seen a huge decline in stock price by 12.78%, standing at $21.57.
Tesla, another top investor in Bitcoin, saw its shares reduced by 8.11%, with a current price of $219. Hut 8 Mining Corp posted the biggest decline among them all when it declined by 22.28% to be currently priced at $15.17.
Riot Platforms registered a decrease of 6.90% to mark its stock at $11.20, whereas Coinbase Global has observed a fall of 5.76% to make its stock $242.
These fluctuations underline the variance and volatility existing in the sector of companies that have a significant investment in Bitcoin, hence portraying how market sentiments on Bitcoin might affect the associated stock prices.
Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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