Cryptocurrency

Cryptocurrency stocks are stocks of companies that are involved in the cryptocurrency industrya

Based on these factors, some cryptocurrency stocks may have more momentum than others, meaning that they have shown strong and consistent growth in their price and volume over a certain period of time. Momentum investing is a strategy that involves buying stocks that have performed well in the past and selling those that have performed poorly, based on the assumption that the trend will continue.

Coinbase Global Inc. (COIN): This is the largest cryptocurrency exchange in the US, which allows users to buy, sell, store, and trade various cryptocurrencies. The company went public in April 2023 and has seen its revenue and user base grow significantly since then. The stock has gained about 75% in the past three months and has a market capitalization of about $68 billion.

MicroStrategy Inc. (MSTR): This is a software company that provides business intelligence and analytics solutions. The company is also known for its massive investment in Bitcoin, which it considers as a store of value and a hedge against inflation. The company has bought over 100,000 Bitcoins worth over $5 billion as of September 2023. The stock has gained about 60% in the past three months and has a market capitalization of about $7 billion.

Marathon Digital Holdings Inc. (MARA): This is one of the largest Bitcoin mining companies in North America, which uses specialized computers to solve complex mathematical problems and earn new Bitcoins. The company has increased its mining capacity and efficiency over time and has also invested in Bitcoin itself. The stock has gained about 50% in the past three months and has a market capitalization of about $4 billion.

Riot Blockchain Inc. (RIOT): This is another leading Bitcoin mining company in North America, which also operates a cryptocurrency exchange called RiotX. The company has expanded its mining operations and acquired several other mining companies to increase its scale and profitability. The stock has gained about 40% in the past three months and has a market capitalization of about $3 billion.

Bit Digital Inc. (BTBT): This is a Bitcoin mining company that operates in both China and North America. The company has faced some challenges due to the regulatory crackdown on crypto mining in China, but it has also diversified its mining locations and increased its hash rate. The stock has gained about 35% in the past three months and has a market capitalization of about $1 billion.