Can Cryptocurrencies Split Like Stocks? The Answer Might Surprise You

Now that Bitcoin (CRYPTO: BTC) has crossed the $100,000 mark, some investors are asking whether the world's most popular cryptocurrency might split. After all, popular tech stocks split all the time, primarily to keep their prices attractive to the average investor.Granted, Bitcoin at a price of $100,000 does induce a fair amount of sticker shock. But is a split of Bitcoin even possible? And if it is possible, would you really want one to take place?Generally speaking, stock splits take place when the price of a stock is deemed to be too expensive for the average investor. In a stock split, there is no change to the overall market cap of the stock. In a 2-for-1 stock split, for example, the number of shares doubles, but the price of each share is cut in half. Thus, if you held 500 shares of a company valued at $2 each, you now have 1,000 shares of that company valued at $1 each.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool