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Promising Blockchain Stocks To Add to Your Watchlist - October 14th

Core Scientific logo with Finance background

Key Points

  • Five promising blockchain stocks highlighted include Core Scientific, Bitdeer Technologies Group, Figure Technology Solutions, Nukkleus, and Globant, known for their significant dollar trading volume in recent days.
  • Core Scientific is focused on digital asset mining services and offers comprehensive solutions for other miners, while Bitdeer Technologies Group specializes in hash rate sharing and mining machine hosting.
  • Figure Technology Solutions leverages blockchain for enhancing capital markets, and Nukkleus provides blockchain-based solutions for the retail foreign exchange trading industry.
  • Interested in Core Scientific? Here are five stocks we like better.

Core Scientific, Bitdeer Technologies Group, Figure Technology Solutions, Nukkleus, and Globant are the five Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of publicly traded companies that develop blockchain technology, provide related products or services (like mining hardware, exchanges, or enterprise blockchain solutions), or derive significant revenue from cryptocurrency-related activities. They let investors gain exposure to the potential growth of distributed ledger technology without owning cryptocurrencies directly, but they remain subject to company-specific risks and the volatility of the crypto sector. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

Read Our Latest Research Report on CORZ

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

Figure Technology Solutions (FIGR)

Figure is building the future of capital markets using blockchain-based technology. Figure’s proprietary technology powers next-generation lending, trading and investing activities in areas such as consumer credit and digital assets. Our application of the blockchain ledger allows us to better serve our end-customers, improve speed and efficiency, and enhance standardization and liquidity.

Read Our Latest Research Report on FIGR

Nukkleus (NUKK)

Nukkleus Inc., a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors.

Read Our Latest Research Report on NUKK

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

Read Our Latest Research Report on GLOB

Read More

Should You Invest $1,000 in Core Scientific Right Now?

Before you consider Core Scientific, 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 Core Scientific wasn't on the list.

While Core Scientific currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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