Introduction to SimBull
Buffalo Fanatics is proud to announce a new partnership with SimBull. SimBull is branded as “the stock market for sports”, allowing fans to invest in their favorite sports teams as they would invest in stocks.
SimBull team shares are backed by real physical assets. In this case, team pennants.
You can assess the value of each team in SimBull’s real-time market, and decide whether to buy and/or sell shares of any team. The market value of each team’s shares are driven by the real-life success of said team.
This April report will be the first of several monthly features that will analyze the value of the Buffalo Bills shares in the SimBull market, also known as “SimBills.”
April 2021 SimBills Report
As of April 1st, the market cap for shares of SimBulls totals $3780.00
As Q2 begins, the SimBills are one of the highest valued NFL team shares in the SimBull market, with the price hovering right around $39 per share. Comparatively, teams like the Buccaneers and Chiefs are trading near $43 and $49 per share, respectively.
From a value standpoint, the SimBills are well above their 52 week low of $17. This increase in value is primarily due to the success the Bills had on the field in 2020. In addition, there has been an influx of investors taking stakes in SimBulls shares, driving the value even higher.
As the NFL draft approaches, investors may look to buy more shares of SimBills. Investors hope that the Bills bolster their already talented roster with either a high-impact edge or cornerback.
Check back at the beginning of May for our next report. You can visit http://www.Simbull.app/fanatics to get a $10 deposit bonus with every deposit you make.