Riot Platforms And 2 Crypto Stocks To Watch

AI-related investment is drawing massive capital into digital infrastructure, and the same appetite for computing power is keeping interest in crypto rails and blockchain plumbing alive. Large public funds targeting data and digitization are looking for the tools that move value as easily as data. That is where crypto infrastructure stocks come in. This article walks through three listed plays from our crypto and blockchain shortlist worth having on your radar.

The three stocks below are a small sample, and the full screen surfaced 20 more cryptocurrency and blockchain companies with equally compelling stories that are not covered here. To identify and analyze the highest conviction ideas in this theme, go straight to the Top Cryptocurrency and Blockchain Stocks screener.

Riot Platforms is one of the purest crypto infrastructure plays in this shortlist, since its large scale Bitcoin Mining segment directly secures the Bitcoin network while its engineering arm supplies power equipment into data centers and industrial projects.

Riot Platforms runs U.S. Bitcoin mining facilities that support the Bitcoin network and offers data center hosting, while its engineering segment designs and manufactures electrical and power distribution gear. Bitcoin Mining produced about US$473 million in revenue versus roughly US$176 million from Engineering, and the group carries a market cap of about US$6.8b.