BitMine Immersion Technologies (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 34.4× the size of BitMine Immersion Technologies (bStocks Tokenized Stock) (BMNRB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 10.1 percentage points (BMNRB +11.1% against CRCLB +21.2%). Their daily returns move closely together (correlation 0.83 across 91 shared trading days). Both have run at a similar volatility, around 82% annualised.

Correlation: 0.83
Size ratio: 1 : 34.4
Ahead over 90 days: CRCLB

BitMine Immersion Technologies (bStocks Tokenized Stock)BMNRB

$20.7900

24h: +0.00%
Market cap: $4.73M
Volume 24h: $1.23M
Volatility (ann.): 82%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.7100

24h: +4.68%
Market cap: $162.80M
Volume 24h: $23.30M
Volatility (ann.): 82%

BMNRB 2.8%Share of the two combined market caps97.2% CRCLB

Performance

BMNRBCRCLB

7 days-5.82%-7.34%BMNRB
30 days-24.33%-10.38%CRCLB
90 days+11.11%+21.21%CRCLB

Correlation

0.83over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8790d: 0.831y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	BMNRB	CRCLB
Max drawdown (400d)	-31.9%	-31.5%
Risk-adjusted return (90d)	0.14	0.25

Relative strength over 90 days: CRCLB outperformed BMNRB by 8.3% — measured on the BMNRB/CRCLB ratio, so it holds regardless of market direction.

BitMine Immersion Technologies (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →