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Promising Blockchain Stocks Worth Watching - May 3rd

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Key Points

  • MarketBeat identified seven blockchain stocks with the highest recent dollar trading volume to watch: Core Scientific (CORZ/CORZW), Figure Technology Solutions (FIGR), Bitdeer Technologies Group (BTDR), Globant (GLOB), Digi Power X (DGXX) and BTCS (BTCS).
  • These firms span multiple blockchain plays — from digital-asset mining, hosting and AI/blockchain data centers (Core Scientific, Digi Power X, Bitdeer) to blockchain-based capital-markets technology (Figure), enterprise blockchain services (Globant), and staking/validator infrastructure (BTCS).
  • Investor takeaway: the stocks provide direct exposure to blockchain adoption but tend to be volatile and carry specific regulatory, technological, and execution risks.
  • Interested in Core Scientific? Here are five stocks we like better.

Core Scientific, Figure Technology Solutions, Bitdeer Technologies Group, Globant, Digi Power X, BTCS, and Core Scientific are the seven Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of companies whose business models are directly tied to blockchain technology—such as cryptocurrency miners, exchanges, and blockchain-software developers—or that meaningfully use distributed ledger technology in their products or services. Investors buy these stocks to gain exposure to the adoption of blockchain but should be aware they can be more volatile and carry specific regulatory, technological, and execution risks. 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

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

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

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

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

BTCS (BTCS)

BTCS Inc. operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.

Read Our Latest Research Report on BTCS

Core Scientific (CORZW)

Core Scientific, Inc. provides blockchain and artificial intelligence (AI) infrastructure services in the United States. It designs, owns, and operates carbon neutral infrastructure facilities for blockchain and AI computing; mines digital assets; and provides hosting solutions for digital asset mining, blockchain applications, and AI.

Read Our Latest Research Report on CORZW

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