These 2 Cryptocurrency Stocks Are Riding Bitcoin's Record Highs

Core Insights - October has been favorable for cryptocurrencies, with Bitcoin gaining 7% since the start of the month and 10% over the past 30 days, driven by increased interest in alternative assets due to the government shutdown [1][2] Company Performance - Bullish has seen a nearly 35% increase in the past 30 days, supported by the launch of a U.S. spot trading exchange and a crypto options platform, along with a corporate banking partnership with Deutsche Bank for fiat transactions in Hong Kong and Germany [3] - MARA Holdings has risen over 30% in the past month, reporting a 4% month-over-month increase in Bitcoin production for September and capturing a larger share of miner rewards, while also diversifying into AI data centers [4] Investment Considerations - Exposure to Bitcoin can be achieved through direct purchases, Bitcoin ETFs, or corporate treasury companies, with some companies like Bullish and MARA having Bitcoin as a core business component, while others like Strategy have Bitcoin accumulation as a secondary focus [5] - When considering investment in a Bitcoin treasury company, it is crucial to evaluate the role of crypto in their business, the amount of Bitcoin held, acquisition costs, and strategies for managing potential price declines [6]