Buying Power of Bitcoin vs. Quanta Services at New 52-Week High
By CryptocurrenciesChannel Staff, 12/5/2024
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 12/5/2024, Bitcoin ($BTC) can buy you the most amount of Quanta Services shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of PWR with the proceeds, you would now be able to buy 309.07 shares of PWR. That's versus a low amount of 191.59 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 Quanta Services 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 Quanta Services vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the PWR returns.
Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
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