Two of the Three Best Performing Investments of 2024 Were Bitcoin Related — Coincidence? | by Toby Hazlewood | The Capital | Jan, 2025
As investors look back on 2024, there will be many who experience regret for leaving certain stocks and assets out of their portfolios. My personal regret was in not being tenacious enough to find a way to buy ARM Holdings when they floated on the stock market at $50 per share.
ARM makes chips including those powering the iPhone — there’s a fair chance you’ve got one in your hand right now. The stock peaked at $170 in July and has ended the year more than double its initial offering price.
With that said, I’m also delighted that I’ve continued to believe in Bitcoin and its long term future, ever since I first delved into the best-known cryptocurrency back in the dark days of the Covid-19 pandemic. Even then I was late to the party. Having bought a small amount of BTC most months since then when a single coin cost $20k, I’ve learned to endure the busts and the booms and was vindicated when it crested $100k in late 2024.
What’s struck me lately is that there appears to be more than a little convergence in the markets, with many of the top-performing investments of 2024 being linked to Bitcoin in some way too.
