Bitcoin Above $65,000 Has These Crypto Linked Stocks Back On Watch

Crypto linked stocks are back in focus as traders watch the July U.S. inflation print, softer jobs data and Bitcoin above $65,000 pull risk sentiment in different directions. If inflation surprises either way, some companies tied to digital assets could see sharp shifts in attention. This article walks through three stocks from our Crypto Linked Equities screener and explains how this news backdrop might help or hurt each one.

The three crypto linked stocks covered below are only a starting sample, and the full screen surfaced 28 more companies with equally compelling stories that are not discussed in this article. To identify and analyze potential crypto exposed opportunities that best fit your own thesis, head straight into the Crypto-Linked Equities screener.

Bitmine Immersion Technologies (BMNR)

Overview: Bitmine Immersion Technologies is a Las Vegas based blockchain company that focuses on Ethereum and Bitcoin through treasury holdings, consulting and advisory services, equipment leasing, and helping third parties set up and optimize power and hosting for crypto mining.

Operations: Bitmine Immersion Technologies generates about US$61 million in revenue from the cryptocurrency mining industry, all from the United States.