Oracle Stock And 2 Crypto Infrastructure Names Tied To AI Data Center Demand

Global demand for AI related technology is lifting export orders for key chip and electronics hubs, and that ripple effect reaches straight into cryptocurrency and blockchain stocks. When more computing power and data infrastructure are built, blockchains and digital asset platforms often gain fresh attention from capital. This article highlights three stocks from our Top Cryptocurrency and Blockchain Stocks screener that could help you position for that trend.

The three stocks in this article are only a starting sample. The full screen surfaced 17 more cryptocurrency and blockchain companies with equally compelling narratives that are not covered here. Head straight into the Top Cryptocurrency and Blockchain Stocks screener to identify, filter and analyze the highest conviction plays in this space.

Core Scientific (CORZ)

Core Scientific is one of the largest US providers of power hungry infrastructure that underpins both Bitcoin mining and high density compute. Its core link to the crypto and blockchain theme is its digital asset self mining and hosted mining operations, while a sizeable US$260 million of revenue comes from colocation services that also support AI and machine learning workloads. The digital asset self mining segment generates about US$151 million and hosted mining around US$29 million, with all reported revenue currently sourced in the United States. Core Scientific has a market cap of roughly US$6.1b.