Cryptocurrencies

    Bitcoin's soaring growth surpasses Tesla stock

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    Bitcoin's (CRYPTO:BTC) price growth has surpassed that of Tesla stock for the first time since 2019, with Bitcoin's valuation skyrocketing by over 1,180% compared to Tesla's increase of over 806% over the last five years.

    This growth is notable as Tesla missed an opportunity to profit $1.27 billion by selling a significant portion of its Bitcoin holdings in 2022.

    Over the past 12 months, Bitcoin's value surged by 139%, while Tesla's stock declined by 11%.

    Year-to-date figures show Bitcoin's price surging by 49%, while Tesla's stock has dropped by 42%, highlighting a significant shift in financial trajectories.

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