Stock ideas with cryptocurrency exposure

    Investors can certainly invest in cryptos themselves, perhaps by buying small amounts of several different cryptocurrencies. But a better way to gain exposure to the sector is to invest in companies -- even bigger, more established companies -- that benefit from blockchain and crypto asset uptake.


    Marathon Digital Holdings (NASDAQ:MARA) aims to build the largest mining operation in North America at one of the lowest energy costs. Marathon helps you gain exposure to Bitcoin in your portfolio without having to deal with the complications of holding the asset directly.

    Riot Blockchain, Inc. (NASDAQ: RIOT) is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States. We are focused on expanding our operations by increasing our Bitcoin mining hash rate and infrastructure capacity. Riot believes the future of Bitcoin mining will benefit from American operations and endeavors to be the driver of that future.

    HIVE Blockchain Technologies (NASDAQ:HIVE) is the first publicly traded crypto miner, listing on the Toronto Venture Exchange in 2017. The company uses 100% green energy to mine both Bitcoin and Ethereum, with a committed ESG strategy since day one. HIVE strives to create long-term shareholder value with its unique HODL strategy, bridging the blockchain and cryptocurrencies to traditional capital markets.

   Sphere 3D Corp. (NASDAQ: ANY) is dedicated to becoming the leading carbon neutral bitcoin mining company operating at enterprise scale. The Company also delivers data management solutions via hybrid cloud, cloud and on-premises implementations both directly and through its reseller network and professional services organization. In addition, Sphere 3D has entered into an Agreement and Plan of Merger with Gryphon Digital Mining.

    Coinbase Global (NASDAQ:COIN), a top cryptocurrency trading exchange, made its IPO debut in April 2021. The company is a popular platform to purchase major cryptocurrencies such as Bitcoin, Ethereum (CRYPTO:ETH), and Cardano (CRYPTO:ADA), and it allows users to trade more than 50 altcoins.

    Square (NYSE:SQ) and PayPal Holdings (NASDAQ: PYPL) At the heart of every digital payment protocol is the absence of central intermediaries (and, therefore, lower costs for businesses and consumers). Thus, the next steps in business expansion for Square (NYSE:SQ) and PayPal Holdings (NASDAQ:PYPL) was to enable users to purchase and hold cryptocurrencies within a digital wallet.

    Chipmakers Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD) don’t deal with cryptocurrencies directly, but these two semiconductor companies are the leading designers of graphics processing units (GPUs). Best known for powering high-end video game graphics, GPUs now enable computing-intensive applications such as data centers, artificial intelligence, and the creation of crypto assets.


Komentarai