It’s poised to benefit from the growing «crypto-economy» and has the potential to diversify into additional financial products. Analysts from CFRA Research are optimistic about its long-term growth, giving it a «buy» rating and a target price reflecting this potential. The platform helps restaurants and retailers manage inventory, view customer data and analyze multi-channel sales data within one system. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
Other top holdings include Mara Holdings (MARA 0.46%), Core Scientific (CORZ -1.86%), and Riot Blockchain stock Platforms (RIOT 1.55%). In short, if you believe in the long-term potential of blockchain technology but don’t want to try to pick the winners in the space, this ETF could be right for you. Short-term volatility has heavily impacted the cryptocurrency landscape in recent weeks, with Bitcoin falling more than 14% in the first 5 days of August. However, blockchain stocks remain a solid investment option due to their long-term potential. Riot Platforms’ mining operations are concentrated in North America, with key facilities in Texas and other U.S. regions where it has secured access to cost-effective power and renewable energy sources.
HIVE Digital Technologies (CVE:HIVE) shareholders have endured a 54% loss from investing in the stock three years ago
- Blockchain stock typically refers to shares of publicly traded companies that are directly involved in blockchain technology or have significant exposure to it through their business operations.
- These facilities, located in cold-climate regions including Iceland and Sweden, harness renewable hydroelectric and geothermal power to reduce operational costs and carbon footprint.
- Coinbase is among the most notable cryptocurrency exchanges currently in the market.
- Their work in developing blockchain computing solutions has a range of applications.
With this background in mind, let’s take a look at the 10 best blockchain stocks to buy according to analysts. A leader in electronic signature technology, DocuSign has leveraged the Ethereum blockchain for recording customer agreements. Despite a recent downturn, analysts see long-term growth potential in its expanding range of services and customer adoption.
The company successfully listed its shares on the US-based NASDAQ exchange in November 2019 with a current market cap of over $428M USD. We have curated a list of the best blockchain stocks that are publicly listed on two of the largest stock exchanges – NASDAQ and the New York Stock Exchange (NYSE). However, this list is by no means conclusive, as you can find thousands of other blockchain technology stocks listed on other popular exchanges worldwide. Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States.
The first step is crucial, as without the proper knowledge of the blockchain space, investing strategies, and the right brokerage for your needs, it is difficult to turn a profit. They have earned a place on this list because they have adopted the blockchain and used it to achieve a competitive advantage within their respective marketplaces. By infusing the nascent technology within their systems, they have found various ways to increase efficiency resulting in increased profits. Select to analyze similar companies using key performance metrics; select up to 4 stocks. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
Revenue vs. Earnings
As a digital payments specialist, PayPal has fully embraced cryptocurrency and blockchain technology. It enables crypto transactions within its platform and is exploring the launch of a U.S. dollar-backed stablecoin. Bank of America is bullish on PayPal’s growth initiatives, including its ventures into cryptocurrency and other digital payment services. OpenText is a global leader in enterprise information management, and provides a cloud integration platform for digital supply chains and business ecosystems. The company’s customers include some of the world’s largest enterprises in the manufacturing, retail, consumer goods and financial services industries. Maybe the best way for you to invest in blockchain technology isn’t through a single stock but through an exchange-traded fund (ETF).
Finance Earnings Outlook Improves: A Closer Look
Additionally, since it began accumulating Bitcoin, its stock has recorded positive gains outperforming several other traditional securities. Discover which analysts rank highest for RIOT overall weighted by direction, price target, and price movement. Privacy Policy | No cost, no obligation to buy anything ever.Past performance is no guarantee of future results. He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance. I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.
Compare To: RIOT
The company is also a Hedera distributed ledger technology network user, which allows its Now Platform customers and partners to benefit from the network’s capabilities. There are several problems with blockchain technology, a few being scalability, energy consumption, speed, lack of universal standards, and privacy. Notice that all seven of these stocks are either well-established businesses or leaders in their respective industries (or ETFs that invest in a variety of companies). His work has been published in Nasdaq, Kiplinger, FXStreet, Entrepreneur, VentureBeat and InvestmentWeek. While announcing Q gross profit growth of 20% YOY to $2.23 billion, Block also announced an internal reorganization designed to foster more growth and accelerate go-to-market strength for the company. Riot Platforms scored higher than 37% of companies evaluated by MarketBeat, and ranked 741st out of 903 stocks in the finance sector.
The System Flagging a Potential 50X Opportunity… Even in This Ugly Market
Although 2022 was a turbulent time for the market, investors are beginning to learn to live with the volatility of blockchain technology stocks. Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.
- These include banks, companies involved in the Internet of Things (IoT), artificial intelligence (AI) application developers, cybersecurity firms and online music companies.
- Blockchain stocks are publicly traded companies that give investors exposure to blockchain technology.
- Nevertheless, the current situation presents an excellent opportunity to scoop up some quality crypto stocks, offering hefty long-term value.
- It’s poised to benefit from the growing «crypto-economy» and has the potential to diversify into additional financial products.
- As of March 2025, the ETF invested in 25 different companies, including several previously discussed (Coinbase is the fund’s top holding), as well as some that aren’t directly listed on U.S. stock exchanges.
Well-capitalized stocks like Intel and CME Group can be purchased through any major stock brokerage that lets you trade U.S. stocks. If you instead decide to invest in a foreign stock or one of the less established blockchain companies that trade on the OTC exchanges or on the pink network, then you’ll most likely have to make arrangements with your broker. Research continues to be the best way to pick promising stocks in any industry, and selecting the right investments in the blockchain business is no different. Although the underlying technology and market involved may differ, the method for selecting promising stocks for investment remains basically the same.
It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. Headquartered in Las Vegas, Nevada, Marathon Digital Holdings operates as a digital asset technology company focused on cryptocurrency mining and the broader blockchain ecosystem in the United States. It achieved record Bitcoin production, highlighting its significant growth in the blockchain domain. This Georgia-based company runs a digital asset platform that allows consumers to buy, sell, convert, and spend digital assets. It caters to merchants, retailers, and financial institutions, integrating crypto into banking apps, payment solutions, and rewards programs. Bakkt’s revenue and account growth indicate its expanding influence in the blockchain.
For this reason, it’s smart to focus on companies that will benefit from the growth of blockchain technology, but will remain resilient even if their blockchain initiatives don’t succeed. It’s worth noting that blockchain and cryptocurrency are two different concepts. Blockchain is the underlying technology that powers cryptocurrencies, but it has many other potential applications that have nothing to do with Bitcoin (BTC 2.13%) or other digital currencies.
With a diversified asset base and a focus on sustainable growth, HIVE continues to expand its presence in key mining jurisdictions worldwide. In addition to its own mining operations, HIVE offers turnkey hosting services for third-party clients seeking to leverage the company’s energy-efficient data centers. These facilities, located in cold-climate regions including Iceland and Sweden, harness renewable hydroelectric and geothermal power to reduce operational costs and carbon footprint.
Is cryptocurrency a good investment?
Choose companies that align with your investment goals and risk tolerance, and consider factors such as revenue growth, profitability, market share and management team expertise. Nevertheless, once the market rebounds, it’s not tough to see how Coinbase would benefit. In a bullish market last year, it generated triple-digit growth in sales and profits. Moreover, apart from being exchange and brokerage, its CEO Brian Armstrong aims to develop a robust crypto economy that’s dominated by utility.
Bit Digital Announces Strategic Shift to Ethereum Treasury and Staking Operations
While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes. Based in Canada and operating in Sweden and Iceland, HIVE specializes in the mining and commercializing of digital currencies like Ethereum, Ethereum Classic, and Bitcoin. It has shown significant activity in mining these cryptocurrencies, making it a notable player in the blockchain sector.