Buying Power of Bitcoin vs. Advance Auto Parts at New 52-Week High
By CryptocurrenciesChannel Staff, 6/3/2023
Here at
CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 6/3/2023, Bitcoin ($BTC) can buy you the
most amount of Advance Auto Parts shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of AAP with the proceeds, you would now be able to buy 402.19 shares of AAP. That's versus a low amount of 85.47 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Advance Auto Parts shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:
Check out our
Bitcoin historical price chart and
Advance Auto Parts vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the AAP returns.
Be sure to follow us at
CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!