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Promising Blockchain Stocks To Keep An Eye On - August 28th

Oracle logo with Computer and Technology background

Key Points

  • MarketBeat highlights Oracle, Riot Platforms, Applied Digital, Bullish, and Core Scientific as key Blockchain stocks to watch for their significant trading volumes recently.
  • These companies operate in different segments of the blockchain sector, including bitcoin mining, digital asset services, and cloud infrastructure, reflecting the growing market opportunities in blockchain technology.
  • Investors are drawn to these stocks as a way to gain exposure to blockchain innovation without directly investing in cryptocurrencies.
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Oracle, Riot Platforms, Applied Digital, Bullish, and Core Scientific 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, provide, or leverage blockchain technology in their operations. These can include cryptocurrency miners, firms offering blockchain-based services (such as smart-contract platforms or supply-chain solutions), and traditional corporations integrating distributed-ledger systems. Investors buy these stocks to gain exposure to the growth potential and innovation of blockchain without holding digital currencies directly. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Read Our Latest Research Report on ORCL

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Read Our Latest Research Report on RIOT

Applied Digital (APLD)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

Read Our Latest Research Report on APLD

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

Read Our Latest Research Report on BLSH

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

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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