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Best Cryptocurrency Stocks Worth Watching - April 22nd

Bitfarms logo with Business Services background
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Key Points

  • Bitfarms, Galaxy Digital, Soluna, HIVE Digital, and Bitcoin Depot are MarketBeat's five cryptocurrency stocks to watch, chosen because they had the highest dollar trading volume among crypto-related equities recently.
  • The list spans different business models: Bitfarms, Soluna, and HIVE are primarily crypto miners; Galaxy Digital is a diversified digital-asset financial services firm; and Bitcoin Depot operates consumer cryptocurrency kiosks.
  • Crypto stocks offer equity exposure to the sector without holding tokens directly, but they tend to be highly correlated with cryptocurrency price swings and carry significant company-specific and regulatory risks.
  • Interested in Bitfarms? Here are five stocks we like better.

Bitfarms, Galaxy Digital, Soluna, HIVE Digital Technologies, and Bitcoin Depot are the five Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. "Cryptocurrency stocks" are shares of publicly traded companies whose businesses, revenues, or balance sheets are closely tied to cryptocurrencies — for example, crypto miners, exchanges, wallet and blockchain developers, or firms holding significant crypto reserves. For stock market investors, these stocks provide equity exposure to the crypto sector without owning tokens directly, but they can be highly correlated with crypto price swings and subject to company-specific and regulatory risks. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

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

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

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

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

Bitcoin Depot (BTM)

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.

Read Our Latest Research Report on BTM

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Bitfarms Right Now?

Before you consider Bitfarms, you'll want to hear this.

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