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Blockchain Stocks Worth Watching - August 30th

Oracle logo with Computer and Technology background

Key Points

  • Oracle, Riot Platforms, and Applied Digital are highlighted as key blockchain stocks to monitor, due to their significant business reliance on blockchain technology and high trading volumes.
  • Riot Platforms specializes in bitcoin mining and offers critical infrastructure and services for institutional-scale miners across North America.
  • Applied Digital focuses on high-performance computing and provides digital infrastructure along with crypto datacenter hosting services.
  • Looking to export and analyze Oracle data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Oracle, Riot Platforms, and Applied Digital are the three Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of publicly traded companies that derive a significant portion of their business from blockchain technology—such as distributed ledgers, cryptocurrency mining, or decentralized finance platforms. These firms may offer blockchain-based services, develop infrastructure for digital asset transactions, or integrate smart contracts into their product offerings. Investors buy blockchain stocks to gain exposure to the growth potential and innovation driven by this emerging technology. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Read Our Latest Research Report on ORCL

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Read Our Latest Research Report on RIOT

Applied Digital (APLD)

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.

Read Our Latest Research Report on APLD

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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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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