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Cryptocurrency Stocks To Research - September 24th

Bitfarms logo with Business Services background

Key Points

  • Five cryptocurrency stocks to watch include Bitfarms, Galaxy Digital, HIVE Digital Technologies, Soluna, and ZenaTech, driven by their strong recent trading volumes and ties to the cryptocurrency ecosystem.
  • Bitfarms focuses on cryptocurrency mining and operates server farms primarily for Bitcoin transactions, while Galaxy Digital engages in various digital asset services including trading and investment management.
  • HIVE Digital Technologies and Soluna are also involved in cryptocurrency mining and data center operations, highlighting the industry's reliance on data infrastructure.
  • Interested in Bitfarms? Here are five stocks we like better.

Bitfarms, Galaxy Digital, HIVE Digital Technologies, Soluna, and ZenaTech 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 are significantly tied to digital assets, blockchain technology, or related services (for example, crypto mining firms, exchanges, or blockchain developers). By buying these equities, stock market investors gain indirect exposure to the performance and growth of the cryptocurrency ecosystem without purchasing digital tokens themselves. Like other stocks, their prices are driven by company fundamentals and broader market sentiment, but they also carry risks linked to crypto market volatility and regulatory changes. 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

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

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

Further Reading

Should You Invest $1,000 in Bitfarms Right Now?

Before you consider Bitfarms, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bitfarms wasn't on the list.

While Bitfarms currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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