Cryptocurrency Miners Eye AI Boom, Seven Stocks to Watch for Gains
Crypto miners are looking to pivot to AI as the market sees significant growth. MarketBeat identified seven cryptocurrency stocks to watch, including Bitfarms (BITF), Galaxy Digital (GLXY), HIVE Digital Technologies (HIVE), Ionic Digital (IOND), Digi Power X (DGXX), ZenaTech (ZENA), and Soluna (SLNH). These companies are closely tied to the cryptocurrency market, but their focus on AI could lead to significant gains.
According to MarketBeat's stock screener tool, these seven stocks had the highest dollar trading volume of any cryptocurrency stocks within the last several days. Bitfarms is a mining company that engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina.
Galaxy Digital Holdings Ltd. is a financial services and investment management company that operates through various segments, including trading, principal investment, asset management, investment banking, mining, and corporate & other. HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland.