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Crypto

Bitcoin Shows 11% Loss Over Three Years Excluding Top 15 Gain Days: Grayscale Analysis

2026/10/06 18:15(Updated 2026/10/06 13:01)

CoinPost

Written by L.Kikutani

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Bitcoin Shows 11% Loss Over Three Years Excluding Top 15 Gain Days: Grayscale Analysis

Concentration on Gain Days

In a report released on the 5th, major U.S. cryptocurrency asset manager Grayscale pointed out that Bitcoin's (BTC) cumulative return over the past three years turns from approximately 225% to an 11% loss when excluding the top 15 days with the highest gains.

According to the report, Bloomberg data shows that as of September 23, the three-year price return for Bitcoin was about 225%, compared to 109% for the U.S. stock index Nasdaq 100. Bitcoin's cumulative return is heavily influenced by the days with the highest gains...

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