New York Times reporter Jack Nicas recently took to social media to share some very important information. The Silicon Valley specialist posted a graph to his Twitter showing the price change of bitcoin and Crocs stock over the last year and, in terms of long-term investment, Crocs buyers come out on top.
Though bitcoin peaks way higher than Crocs stock over the course of the year, adding over 300% to its original price, the steady incline of the latter – compared with the wavering downturn of bitcoin since early this year – means that it’s now more valuable as a year-long investment. We always knew Crocs could do it (didn’t we?).