While prices are low due to this news event, it may be an opportunity for altcoin bargain hunters. This might be a window to snap up some of these crypto stocks at value. That would be serendipitous if they are appropriate for an investor’s portfolio for other reasons.Markets interpreting the regulation of crypto as bearish for token prices may be missing the import of securities regulation. The same argument goes for crypto stocks.
Stocks are regulated as securities, after all. That doesn’t prevent them from gaining value and returning profits to investors. Arguably it increases investor confidence in them and encourages capital inflows from big and small investors. The specter of regulation also does not negate all of the reasons investors are holding tokens in cryptocurrency blockchains. It doesn’t stop much of the value they are creatingNeither does it negate the underlying business models of the already government-regulated crypto stocks.
This is true of most of these stocks in this list, which are companies that more or less just mine or custody massive amounts of BTC. Because the SEC and courts seemSo even the thesis that securitization makes altcoins less valuable should have given these crypto stocks a boost this week, not a 10% discount.