From Nasdaq: 2024-03-31 06:00:00

Bitcoin has rebounded above $70,000 and could hit $100,000 by year-end due to factors like the Bitcoin halving and expansionary monetary policies. Join the crypto party now with strong buy crypto stocks. The crypto bull market is expected to peak in late 2025, offering ample money-making opportunities.

Riot Platforms (RIOT), an undervalued crypto stock, has zero debt and a cash buffer of $908 million as of Q4 2023. The company is expanding its hash rate capacity aggressively, with a target of 100EH/s long-term. This expansion, coupled with a higher Bitcoin price, will lead to robust free cash flows.

Bitfarms (BITF) is also poised for growth with a cash position of close to $500 million and a zero-debt balance sheet. The company expects to increase hash rate capacity to 21EH/s by the end of the year, leading to revenue and cash flow boosts. BITF stock is set for a significant rally post-consolidation.

Coinbase Global (COIN) stock has surged by 305% in the last 12 months, driven by a bullish outlook for Bitcoin. The company has a cash buffer of $5.7 billion, providing flexibility for investments, while international market expansion is fueling revenue growth. The Fed’s potential rate cuts and Bitcoin’s halving are additional catalysts for a crypto rally.

Read more at Nasdaq: 3 Strong Buy Cryptos Stocks to Add to Your Q2 Must-Watch List