From Nasdaq: 2024-04-29 06:40:00

Investing in cryptocurrency can be risky due to issues in the crypto space. Consider investing in regulated crypto stocks as an alternative, offering an opportunity to invest in blockchain technology with federal supervision. Stocks like Marathon Digital (MARA) mine Bitcoin, with Marathon increasing production by 8% in the last year. Robinhood Markets (HOOD) simplifies trading both stocks and cryptocurrencies through its user-friendly app, with rising trading volumes and a 92% correlation to Bitcoin’s price. Another option is MicroStrategy (MSTR), an AI data analytics company that holds over 214,000 Bitcoin, with an investment now valued at over $13.8 billion. Coinbase Global (COIN) operates a cryptocurrency trading platform with over 248 assets available for trade, handling over $150 billion in monthly volume and $190 billion in assets. Bitfarms (BITF), a Bitcoin miner with plans to increase production capacity, is undergoing a CEO transition. Lastly, CleanSpark (CLSK) is another Bitcoin miner with plans to expand production capacity and holds over 5,000 BTC. Cipher Mining (CIFR) is a Bitcoin mining company with plans to expand capacity in 2024. All these stocks have shown growth in the crypto market.

Read more at Nasdaq.: 7 Compelling Crypto Stocks for Investors to Consider This Spring