Bitcoin24h $106,414.61+4.47%

Ethereum24h $3,616.16+5.83%

XRP24h $2.49+8.30%

BNB24h $1,007.65+1.92%

Solana24h $167.79+5.27%

TRON24h $0.2938+1.22%

Dogecoin24h $0.1812+3.50%

Cardano24h $0.5892+4.91%

Hyperliquid24h $42.86+6.65%

Chainlink24h $16.39+6.45%

Public bitcoin companies underperform gold, S&P in 2025

Although companies with a bitcoin treasury have outperformed in prior years, they have underperformed in 2025 against basic benchmarks.

Elon Musk imagines Fort Knox empty as others pitch Strategic Bitcoin Reserve

Musk has decided to believe that Fort Knox hasn’t had its gold supply checked in decades, leading to speculation about a bitcoin reserve.

Bitcoin’s market cap ‘flippened’ Saudi Aramco and the precious metal silver. Bullish investors are looking for the next domino to fall.

Although some people think bitcoin is digital gold, a common measure of its technical correlation is nearing zero.

Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.