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Galaxy Digital, Bitfarms, HIVE Digital Technologies, Digi Power X, and Soluna are the five Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. “Cryptocurrency stocks” refers to shares of publicly traded companies whose business models, revenues, or asset holdings are materially tied to cryptocurrencies or blockchain technology — for example, crypto miners, exchanges, hardware makers, or firms holding significant crypto on their balance sheets. For stock market investors, these stocks offer an indirect way to gain exposure to the crypto market while subjecting holdings to both equity-market dynamics and crypto-specific risks such as price volatility and regulatory uncertainty. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.
Galaxy Digital (GLXY)
Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.
Read Our Latest Research Report on GLXY
Bitfarms (BITF)
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.
Read Our Latest Research Report on BITF
HIVE Digital Technologies (HIVE)
HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.
Read Our Latest Research Report on HIVE
Digi Power X (DGXX)
Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
Read Our Latest Research Report on DGXX
Soluna (SLNH)
Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.
Read Our Latest Research Report on SLNH
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Before you consider Galaxy Digital, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Galaxy Digital wasn’t on the list.
While Galaxy Digital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
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