3 Crypto Stocks to Look out for as Bitcoin Continues to Gain

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 53 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 53%

Terawulf Inc News

Microstrategy Incorporated,Global Partners LP,Tether Usdt US Dollar

Stocks Analysis by The Tokenist (Timothy Fries) covering: Terawulf Inc, MicroStrategy Incorporated, Global Partners LP, Tether USDt US Dollar. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

took an unusually large public spotlight. While former President Trump even appeared at the Bitcoin 2024 conference, promising to fire Gary Gensler and make America “the Bitcoin superpower,” no such commitments were made from VP Kamala Harris.

Out of a total $2.42 trillion crypto market cap, Bitcoin now holds 58.6% dominance at $1.4 trillion. As many times before, when Bitcoin moves, the entire crypto market follows. But for stock investors, which crypto stocks make sense right now?) stock went up from $8.22 to $8.95 per share. As one of rare Bitcoin mining stocks that hasn’t received triple YTD gains, it still makes sense to consider Bitdeer.Holdings heavily invested in the company.

To that end, TeraWulf has been investing in Nautilus datacenter near the nuclear power plant in Pennsylvania. In early October, the company announced the sale of 25% Nautilus equity to Talen Energy, worth around $92 million. This resulted in 3.4x MOIC for TeraWulf. Although TeraWulf has already received great investor interest throughout the year, investors should consider WULF stock when the next stock market price correction occurs.In Q2 earnings, this NY-based mining company once again reported zero debt, having funded its operations from cash flows and equity financing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 Stocks Insiders Are Buying Heavily in October and WhyStocks Analysis by The Tokenist (Timothy Fries) covering: AngioDynamics Inc, Tile Shop Holdings Inc, Eton Pharmaceuticals Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Tesla Plus 2 More Stocks Worth Holding in the Upcoming Holiday SeasonStocks Analysis by The Tokenist (Timothy Fries) covering: Best Buy Co Inc, Tesla Inc, Wayfair Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »