From Nasdaq: 2024-04-29 06:20:00

The highly anticipated Bitcoin halving occurred on April 19, with potential for a new bull market rally and all-time highs. Companies like Coinbase Global, MicroStrategy, and BlackRock are poised to benefit from this event. Coinbase may see increased trading revenues, while MicroStrategy and BlackRock are heavily invested in Bitcoin.

MicroStrategy is known for holding over 214,000 bitcoins, worth $14 billion. With continued buying strategies and investor-confidence, it remains a solid Bitcoin proxy stock. CEO Michael Saylor leads the company’s bullish approach to Bitcoin investment, with recent debt offerings aimed at acquiring more.

BlackRock, the world’s largest asset manager, is behind the iShares Bitcoin Trust ETF, now valued at $17 billion. This ETF growth signifies the mainstream shift towards Bitcoin investments. BlackRock’s Bitcoin ETF is a foray into new innovations like asset tokenization, suggesting long-term potential in crypto-related assets.

For direct Bitcoin exposure, consider investing in MicroStrategy, known as a Bitcoin ETF in disguise. Coinbase provides diversified exposure. Buying Bitcoin itself could also reap substantial rewards, given the historical trends after Bitcoin halvings. Consider your investment options carefully before proceeding.

Read more at Nasdaq: 3 Winners of the Bitcoin Halving