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Data show that Bitcoin’s 10-year Compound Annual Growth Rate is Near 200%
Summary: Bitcoin’s 10-year compound annual growth rate (CAGR) is near 200% which is “unmatched in financial history,” according to analysis conducted by on-chain analytics firm CaseBitcoin. It means that BTC investors have “nearly tripled” their money every single year for the last decade, if the returns are being compounded. CaseBitcoin compared BTC’s CAGR with that of ...
Bitcoin’s 10-year compound annual growth rate (CAGR) is near 200% which is “unmatched in financial history,” according to analysis conducted by on-chain analytics firm CaseBitcoin.
It means that BTC investors have “nearly tripled” their money every single year for the last decade, if the returns are being compounded.
CaseBitcoin compared BTC’s CAGR with that of popular stocks such as Tesla and Amazon, noting that Tesla’s CAGR is “off the charts” by normal standards at 63.8%, and is still dwarfed by bitcoin’s growth. Amazon’s CAGR, on the other hand, is 33.5%.
By Amy Liu
Tags: Bitcoin,CAGR
Link: Data show that Bitcoin’s 10-year Compound Annual Growth Rate is Near 200% [Copy]