Cryptyde and its subsidiaries are engaged in the Web3 Business, Bitcoin Mining Services Business, and Packaging Business. Co.'s Web3 Business plans to use decentralized blockchain technology in established consumer facing industries such as video games, music, and art. Co.'s Bitcoin Mining Services Business is focused on bringing Bitcoin mining to the consumer level by offering Bitcoin mining equipment and co-location services. Co.'s Packaging Business manufactures and sells custom packaging for a variety of products and through packaging helps customers generate brand awareness and promote brand image. We show 1 historical shares outstanding datapoints in our TYDE shares outstanding history coverage, used to compute TYDE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TYDE market cap history over the course of time is important for investors
interested in comparing TYDE'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 TYDE versus a peer is one thing; comparing
TYDE 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 TYDE can fluctuate over the course of history.
With this page we aim to empower investors researching TYDE by allowing them to research the TYDE market cap history. |
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Video: The Importance of Market Cap
