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Buying Power of Bitcoin vs. Gritstone Bio at New 52-Week High
By Market News Video Staff, Friday, May 20, 10:49 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 5/20/2022, Bitcoin ($BTC) can buy you the most amount of Gritstone Bio shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of GRTS with the proceeds, you would now be able to buy 15532.55 shares of GRTS. That's versus a low amount of 3121.38 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 Gritstone Bio shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:
Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
This Article's Word Cloud:BitcoinCheckCryptoCryptocurrenciesChannelGRTSGritstoneHereNoteThatableaboveadditionalamountassetassetsbasisbeencalculatechartchartedchartscoincomparecomparisonscoursedigitaldividendsdriverexamplefindfollowherehistoricalincludedinterestinglooksmainmarketmonthsmoremostoverpastperformancesharesstockthatvariousversusyear
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