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Cryptocurrency Stocks To Add to Your Watchlist - March 14th

Galaxy Digital logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat’s screener highlights Galaxy Digital (GLXY), Bitfarms (BITF) and HIVE Digital (HIVE) as the cryptocurrency stocks to watch today, selected for having the highest recent dollar trading volume among crypto-linked equities.
  • These stocks offer indirect exposure to crypto markets—through mining, trading, asset management and token holdings—but their returns can diverge from coins because of company-specific fundamentals, operational challenges and regulatory risk.
  • Company notes: Galaxy Digital is a diversified digital-asset financial services and investment firm (trading, asset management, investment banking and mining), while Bitfarms and HIVE are primarily crypto miners operating data centers across multiple countries.
  • MarketBeat previews top five stocks to own in May.

Galaxy Digital, Bitfarms, and HIVE Digital Technologies are the three Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose businesses or balance sheets give investors meaningful exposure to cryptocurrencies — for example, miners, exchanges, wallet or blockchain infrastructure firms, or companies that hold large amounts of Bitcoin or other tokens. For stock market investors they provide indirect exposure to crypto price movements and industry growth while remaining subject to company-specific fundamentals, regulatory issues, and operational risks that can make their performance different from holding digital coins directly. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

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

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

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

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.

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