Samsung Electronics' Market Cap Closes Gap with Bitcoin, Ranks 14th Globally on May 13

GateNews
BTC-1.29%

According to Companies Market Cap, as of May 13, Samsung Electronics’ market cap reached $1.242 trillion, ranking 14th globally and narrowing the gap with Bitcoin’s $1.611 trillion (12th place). Samsung Electronics has surged 129% year-to-date, while Bitcoin declined 7.84% over the same period. SK Hynix, another major South Korean tech stock, also gained 208% year-to-date, with combined market cap of both Korean companies now exceeding Bitcoin’s valuation.

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