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Cryptocurrency Stocks To Follow Today - August 16th

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Key Points

  • Seven cryptocurrency-related stocks to watch are Bitfarms, Galaxy Digital, HIVE Digital Technologies, Ionic Digital, Digi Power X, ZenaTech, and Soluna, selected for their high recent dollar trading volume.
  • The group spans crypto mining, digital-asset finance, blockchain infrastructure, and data-center operations. Bitfarms, HIVE, Digi Power X, and Soluna primarily mine cryptocurrencies, while Galaxy Digital provides trading, investment, asset-management, and banking services.
  • Ionic Digital focuses on monetizing digital infrastructure acquired from Celsius Mining, while ZenaTech combines cryptocurrency wallets with cloud software and drone technology for enterprise and industry applications.
  • MarketBeat previews top five stocks to own in September.

Bitfarms, Galaxy Digital, HIVE Digital Technologies, Ionic Digital, Digi Power X, ZenaTech, and Soluna are the seven Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose business operations or financial performance are closely tied to cryptocurrencies or blockchain technology. They may include crypto exchanges, mining companies, blockchain developers, payment processors, or firms holding digital assets, offering investors indirect exposure to the cryptocurrency market without directly owning cryptocurrencies. 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

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

Ionic Digital (IOND)

Ionic Digital is a digital infrastructure solutions and cryptocurrency mining company. We began as a pure-play cryptocurrency mining company when we were formed in January 2024 to acquire all of the cryptocurrency mining assets of Celsius Mining. From our inception, our core objective has been to monetize our portfolio of powered digital infrastructure assets.

Read Our Latest Research Report on IOND

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

ZenaTech (ZENA)

ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.

Read Our Latest Research Report on ZENA

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

See Also

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