Investment bank Goldman Sachs has compiled a list of 19 large-cap stocks with cryptocurrency exposure that have massively outperformed the S&P 500.
The analysts at Goldman Sachs used a three-pronged strategy to find these stocks.
Secondly, the firm used “Regression beta analysis” to test for regression beta of these company share prices relative to bitcoin, or how much the shares moved if the price of bitcoin moved.
Meanwhile, Goldman Sachs has brought back its bitcoin trading desk and will be launching a “full spectrum” of crypto investment products.
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
A proponent of the cryptocurrency, Culkin said, “I believe we are in the beginning stage of bitcoin’s shift away from being extremely …