Buying Power of Bitcoin vs. Hormel Foods at New 52-Week High
By CryptocurrenciesChannel Staff, 1/16/2025
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 1/16/2025, Bitcoin ($BTC) can buy you the
most amount of Hormel Foods shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of HRL with the proceeds, you would now be able to buy 3364.19 shares of HRL. That's versus a low amount of 1291.82 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 Hormel Foods 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
Hormel Foods vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the HRL returns.
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CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!