#CryptoStocks
"Crypto stocks" refer to publicly traded shares of companies that are either directly involved in the cryptocurrency industry or heavily influenced by the performance of digital assets like BTC, ETH, etc.
đ Categories of Crypto Stocks
Here are the main types of crypto-related stocks:
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1. Crypto Mining Companies
These companies run large-scale operations to mine cryptocurrencies like Bitcoin.
Examples:
Marathon Digital Holdings (MARA)
Riot Platforms (RIOT)
Hut 8 Mining (HUT)
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2. Crypto Exchanges and Brokerages
These are platforms where users buy, sell, and trade crypto.
Examples:
Coinbase (COIN) â A major US-based crypto exchange
Robinhood (HOOD) â Offers crypto trading along with stocks
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3. Blockchain Technology Companies
These companies develop blockchain-based tech or services.
Examples:
Block Inc. (SQ) â Formerly Square, supports Bitcoin through its Cash App
IBM â Invested in enterprise blockchain solutions
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4. Companies Holding Crypto on Their Balance Sheet
These companies hold significant amounts of cryptocurrency, especially Bitcoin.
Examples:
MicroStrategy (MSTR) â Holds billions in Bitcoin
Tesla (TSLA) â Previously held Bitcoin on its books
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5. Crypto ETFs (Indirect Exposure)
Exchange-traded funds that invest in a basket of crypto-related assets or companies.
Examples:
ProShares Bitcoin Strategy ETF (BITO)
Valkyrie Bitcoin Miners ETF (WGMI)
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đ§ Why Invest in Crypto Stocks?
Indirect crypto exposure without owning digital assets directly
Regulated markets (unlike many crypto tokens)
Diversification â Exposure to crypto + company performance
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â ď¸ Risks
Volatile, like cryptocurrencies
Regulatory uncertainty
Tied to Bitcoinâs price even if the company is profitable