Cryptocurrency Stocks To Follow Today - August 19th

Key Points

• Robinhood Markets is highlighted as one of the top cryptocurrency stocks, allowing users to trade various assets including cryptocurrencies on their platform.
• Galaxy Digital engages in multiple sectors related to digital assets, including trading and investment banking, showcasing its diverse service offerings in the cryptocurrency space.
• Other notable companies to watch include Bitdeer Technologies Group, Bitfarms, and HIVE Digital Technologies, all of which are involved in cryptocurrency mining and related services.

Robinhood Markets, Galaxy Digital, Bitdeer Technologies Group, Bitfarms, and HIVE Digital Technologies are the five Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose business models, revenues or asset holdings are directly tied to the cryptocurrency industry—whether through mining operations, trading platforms, custody services or the holding of digital coins on their balance sheets. By buying these equities, investors gain regulated stock-market exposure to the upside (and downside) of the crypto sector without owning cryptocurrencies themselves. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Read Our Latest Research Report on HOOD

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

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

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

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