Bitcoin Now Buys You the Greatest Amount of CarLotz in the Past Year
By Market News Video Staff, Monday, May 16, 9:41 AM ET
Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 5/16/2022, Bitcoin ($BTC) can buy you the most amount of CarLotz shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of LOTZ with the proceeds, you would now be able to buy 50166.20 shares of LOTZ. That's versus a low amount of 4718.50 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of CarLotz shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:
Check out our Bitcoin historical price chart and CarLotz vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the LOTZ returns.
Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
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