Moxian is a holding company. Through its subsidiaries, Co. is engaged in the bitcoin mining industry, which is the production of bitcoin. Co. operates mining hardware which performs computational operations in support of the blockchain measured in hash rate or hashes per second. A hash is the computation run by mining hardware in support of the blockchain; therefore, a miner's hash rate refers to the rate at which it is capable of solving such computations. We show 23 historical shares outstanding datapoints in our MOXC shares outstanding history coverage, used to compute MOXC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MOXC market cap history over the course of time is important for investors
interested in comparing MOXC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MOXC versus a peer is one thing; comparing
MOXC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MOXC can fluctuate over the course of history.
With this page we aim to empower investors researching MOXC by allowing them to research the MOXC market cap history. |
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Video: The Importance of Market Cap
