Lycra trumps Crypto

Since November 1st, 2024, lululemon Athletica’s stock price has risen as much as Bitcoin.

The share price of Coinbase has nearly doubled the return produced by Bitcoin.

For all its financial engineering, MicroStrategy is somewhere in between.

p.s. I’ve sold the LULU holding and halved the Bloom Energy and Shopify positions.

December 11, 2024

by Rob Zdravevski

rob@karriasset.com.au