How Does the Halving Compare to a Stock Split in Traditional Finance?

A halving is fundamentally different from a stock split. A stock split increases the number of shares and proportionally decreases the price per share, leaving the total market capitalization unchanged.

A halving reduces the supply rate of new coins, which is a deflationary mechanism impacting the asset's value and scarcity. A stock split is a corporate action; a halving is an inherent monetary policy.