2023-12-15 07:01:00 ET
MicroStrategy (NASDAQ: MSTR) and Riot Platforms (NASDAQ: RIOT) represent two different ways to invest in Bitcoin 's (CRYPTO: BTC) rally of about 150% this year. MicroStrategy is a software company that started hoarding Bitcoin over the past three years. Riot is a leading Bitcoin mining company that mines BTC with its massive fleet of high-end miners.
Both stocks have skyrocketed this year, along with Bitcoin's price. MicroStrategy's stock has risen more than 290% this year, while Riot's stock has rallied more than 310%. Should investors chase either of these high-flying Bitcoin-related stocks right now?
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Better Bitcoin Stock: MicroStrategy vs. Riot Platforms