Three blockchain stocks, including Coinbase, Riot Platforms, and MicroStrategy, are well-positioned for industry adoption

From Nasdaq Corporation

August 6, 2024 10:00:00 AM:

The best blockchain stocks are capitalizing on trends like Decentralized Finance (DeFi) and Central Bank Digital Currencies (CBDCs) to allow direct transactions. Coinbase (COIN) is expanding its business and diversifying beyond transaction fees. Riot Platforms (RIOT) benefits from operational efficiencies and buying power curtailment credits for mining. MicroStrategy (MSTR) is focusing on its Bitcoin holdings and introducing a “BTC Yield” metric. With 226,500 Bitcoin on its balance sheet, MSTR is a key player in the Bitcoin treasury market. Investors should consider these blockchain stocks for potential industry adoption.

Read more at Nasdaq: 3 Blockchain Stocks Positioned for Potential Industry Adoption