The post MicroStrategy Outshines BlackRock’s IBIT—Unbelievable Market Shift appeared first on Coinpedia Fintech News
The launch of BlackRock’s iShares Bitcoin Trust was sensational and marked the beginning of a new trend in the cryptocurrency industry. IBIT now has the highest assets under management of $17.24B and the highest market cap of $23.02B.
At the start of the IBIT, the price was around $27.96, and it now stands at $36.64. This indicates that the market has seen at least a 31.04% rise so far. Impressive, isn’t it? Recently, an attempt has been made to compare the IBIT market with the MicroStrategy market. The outcome may leave you astounded, No doubt!
MicroStrategy Market Growth: A General Analysis
At the start of the year, MicroStrategy’s price was around $69.16. It experienced strong upward momentum between late January and late March, taking the price to a yearly peak of $195.15. Later, it slipped to a low of 101 on May 24.
In late May and late
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