#CryptoStocks
Coinbase (COIN) surged ~16% today to ~$295 on Senate approval of the GENIUS Act, which provides a regulatory framework for stablecoins. This also helped Coinbase roll out its new USDC payments system integrated with Shopify .
Circle (CRCL)—Coinbase’s stablecoin partner—jumped ~16% after the same legislation passed the Senate .
MicroStrategy (MSTR) continues to offer high-yield preferred stock, funded in part by its massive Bitcoin reserves (currently ~592k BTC). While critics caution about its risks, analysts see significant potential if Bitcoin maintains momentum .
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Top Crypto-Related Stocks to Watch
Ticker Description Key Risks/Benefits
COIN Leading U.S. crypto exchange; diversified services beyond trading. High correlation with BTC; regulatory shifts can cause big swings .
MSTR Largest corporate holder of Bitcoin; stock is a proxy for BTC. Long-term volatility tied to Bitcoin's price .
MARA Major Bitcoin miner (#2 corporate BTC holder). High operational leverage to crypto prices .
RIOT, BITF, CORZ, CLSK, CIFR Bitcoin mining & infrastructure providers. Great upside if BTC rises; also carry energy/regulatory risks .
NVDA Not crypto-native, but its GPUs power mining and AI. Less volatile; solid diversification .
SQ (Block) & PYPL Cryptofriendly fintech enabling Bitcoin transactions. Lower crypto exposure; steady fundamentals .
GBTC, IBIT, BLOK, BLCN ETFs/trusts offering broader crypto exposure. Easier, regulated access; may include fees or trading premiums .
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⚠️ Key Considerations
1. Regulation is a catalyst – Laws like the GENIUS Act can trigger sharp rallies for players like Coinbase and Circle.
2. Bitcoin's trajectory matters – Stocks like MSTR, MARA, and RIOT mirror Bitcoin’s ups and downs.
3. Diversification vs. volatility – Stocks like NVDA or SQ offer crypto ties with broader business stability.
4. High-risk yield plays – MicroStrategy's preferred shares boast ~11.5% yields, but come with Bitcoin and operational risk .
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