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Blockchain Stocks To Keep An Eye On - March 9th

Figure Technology Solutions logo with Services background
Image from MarketBeat Media, LLC.

Key Points

  • Five blockchain stocks to watch: Figure Technology Solutions (FIGR), Core Scientific (CORZ), Globant (GLOB), Bitdeer Technologies Group (BTDR), and Digi Power X (DGXX).
  • Selection basis and risk: MarketBeat flagged these names because they had the highest dollar trading volume among blockchain-related stocks recently, but such equities typically carry higher volatility and regulatory and execution risk versus broader-market stocks.
  • Diverse business exposure: The group covers multiple blockchain use cases — Figure and Globant provide blockchain-enabled technology and services, while Core Scientific, Bitdeer and Digi Power X focus on cryptocurrency mining and hosting.
  • Five stocks to consider instead of Figure Technology Solutions.

Figure Technology Solutions, Core Scientific, Globant, Bitdeer Technologies Group, and Digi Power X are the five Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are publicly traded companies whose revenues or business models are materially tied to blockchain technology — for example, firms that build blockchain infrastructure, produce mining hardware, operate cryptocurrency exchanges, or integrate distributed ledgers into their services. Investors buy them to gain exposure to the potential growth of blockchain, but these stocks often carry higher volatility and regulatory and execution risk than broader-market equities. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Figure Technology Solutions (FIGR)

Figure is building the future of capital markets using blockchain-based technology. Figure’s proprietary technology powers next-generation lending, trading and investing activities in areas such as consumer credit and digital assets. Our application of the blockchain ledger allows us to better serve our end-customers, improve speed and efficiency, and enhance standardization and liquidity.

Read Our Latest Research Report on FIGR

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

Read Our Latest Research Report on CORZ

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

Read Our Latest Research Report on GLOB

Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.

Read Our Latest Research Report on BTDR

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

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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.

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