S&P 500 · Communication Services
38,395 sats
$1,000 of NWS = 31.397 shares = 1,205,495 sats
Times in UTC
Barely related to bitcoin: in sats it swings about as much as bitcoin does in dollars. Over 1 year (daily returns): correlation 0.15, beta 0.09, and 49% a year of volatility in sats versus 45% for bitcoin in dollars.
| Window | Corr | Beta | Sats vol | Own vol | In sats | Score |
|---|---|---|---|---|---|---|
| 30D | 0.07 | 0.05 | 43% | 24% | -8.10% | 4 |
| 90D | 0.10 | 0.08 | 44% | 28% | -19.32% | 6 |
| 1Y | 0.15 | 0.09 | 49% | 27% | +58.14% | 8 |
| 3Y | 0.19 | 0.11 | 47% | 24% | -47.91% | 10 |
| 5Y | 0.22 | 0.12 | 52% | 27% |
NWS in USDBTC in USDNWS in sats
All three start at 100. Flat orange line = moves exactly with bitcoin.
NWS last trade Oct 9, 2026, 11:09 UTC (15-min delayed) · BTC/USD $82,954 at Oct 9, 2026, 12:59 UTC
| 11 |