Actually what's to blame for Bitcoin's high price is the finite supply of Bitcoin, and the fact that there's wild speculation on its price (which incidentally is what makes it really horrible as a currency, but that's another topic).

And you're mixing up profitability with stock price speculation, which are two very different things - witness the Gamestop incident. Once the stock is sold to the public, its price fluctuations don't actually affect the bottom line of the company unless there's a buyback.