Blockchain stocks like Coinbase, Marathon Digital, and MicroStrategy are showing growth potential

From Nasdaq.

July 19, 2024 4:45 PM:

Crypto stocks have rebounded despite recent outflows, aligning with broader market trends. The sector’s market cap sits at $2.26 trillion, down from a peak of over $3 trillion. Key blockchain stocks like Coinbase (COIN), Marathon Digital (MARA), and MicroStrategy (MSTR) are showing growth potential and positive Q1 results. MARA is diversifying into Kaspa (KAS) mining, with Q1 sales soaring 223% to $165.2 million and net income rising 184% to $337.2 million. MSTR added 11,931 BTC to its holdings, now totaling 226,331 BTC valued at $15 billion. MicroStrategy saw growth in its cloud subscription revenues and recently upgraded HyperIntelligence with AI integration for business data querying.

Read more at Nasdaq: 3 Blockchain Stocks to Buy Now: Q3 Edition