Bitcoin instead of Tesla? New index "Magnificent 7B" unveiled

2025/03/25 09:20 (Updated 2025/04/19 07:03)
CoinPost
Written by Lewis Kikutani
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Bitcoin instead of Tesla? New index "Magnificent 7B" unveiled

Bitcoin replacing Tesla

The digital asset research division of Standard Chartered, a major British bank, led by Jeffrey Kendrick, has presented an innovative perspective on Bitcoin investment and proposed a new index, "Mag 7B," which includes Bitcoin, in addition to the traditional technology stock index "Magnificent 7." Multiple foreign media reported on the 24th.

The most noteworthy aspect of this analysis is that the "Mag 7B" index, which includes Bitcoin instead of Tesla, has outperformed the existing Magnificent Seven index over the past seven years. Specifically, on average, it has grown by about 1.5% per year...

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.