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Comparing Bitcoin Versus NextNav Reveals New Low

By Market News Video Staff, Thursday, May 26, 9:53 AM ET
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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 5/26/2022, Bitcoin ($BTC) can buy you the most amount of NextNav shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of NN with the proceeds, you would now be able to buy 9127.77 shares of NN. That's versus a low amount of 2967.35 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:

NextNav Shares In Bitcoin

The main driver of the above bar chart has, of course, been the performance of NextNav shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:

NN Returns Vs. Bitcoin

Check out our Bitcoin historical price chart and NextNav vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the NN returns.

Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!


This Article's Word Cloud:   Bitcoin   Check   Crypto   CryptocurrenciesChannel   Here   NextNav   Note   That   able   above   additional   amount   asset   assets   basis   been   calculate   chart   charted   charts   coin   compare   comparisons   course   digital   dividends   driver   example   find   follow   here   historical   included   interesting   looks   main   market   months   more   most   noticed   over   past   performance   shares   stock   that   various   versus   year
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Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

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