Comparing Bitcoin Versus Diamondback Energy Reveals New Low
By CryptocurrenciesChannel Staff, 10/29/2024



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 10/29/2024, Bitcoin ($BTC) can buy you the most amount of Diamondback Energy shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of FANG with the proceeds, you would now be able to buy 397.88 shares of FANG. That's versus a low amount of 212.65 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:

Diamondback Energy Shares In Bitcoin

The main driver of the above bar chart has, of course, been the performance of Diamondback Energy shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:

FANG Returns Vs. Bitcoin

Check out our Bitcoin historical price chart and Diamondback Energy vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the FANG returns.

Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
 

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