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Meet Wall Street's Most Unusual Bitcoin Stock: A Coal Producer Sporting an Eye-Popping 10% Yield

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But since Bitcoin (CRYPTO: BTC) entered the scene in the early 2010s, it's run circles around Wall Street's major stock indexes. In May 2010, a single Bitcoin could be purchased for less than $0.01. But as of this writing in the late evening hours on Feb.
The article from MSN Money discusses a unique investment opportunity in the form of a coal producer, Alliance Resource Partners, which has ventured into the cryptocurrency space by investing in bitcoin mining. This company, traditionally known for its coal production, now offers investors an unusual blend of high dividend yields and exposure to the volatile bitcoin market. Alliance Resource Partners has partnered with a bitcoin mining company, utilizing its excess natural gas to power mining operations, which not only diversifies its revenue streams but also aligns with environmental considerations by reducing gas flaring. The stock currently provides an eye-popping 10% yield, making it an attractive option for income-focused investors while also tapping into the potential growth of cryptocurrency. This strategic pivot has caught the attention of Wall Street, presenting a rare case where traditional energy sector investments meet the modern digital asset market.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/meet-wall-street-s-most-unusual-bitcoin-stock-a-coal-producer-sporting-an-eye-popping-10-yield/ar-AA1yvTp5 ]