Top 4 Crypto Stocks to Watch This Week: BitMine, Strategy, Strive, BitGo

Top crypto stocks have come under pressure in recent days as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP) have pulled back from their September highs. 

This article looks at some of the top crypto stocks to watch this week, including popular names such as BitMine (NASDAQ:BMNR), Strategy (NASDAQ:MSTR), Strive (NASDAQ:ASST) and BitGo (NYSE:BTGO).

Strategy Stock in Focus as Saylor Hints at Bitcoin Buying

MSTR stock has pulled back and moved into a local correction after falling by 10% from its highest point in September. This retreat has coincided with Bitcoin’s retreat from the September high of $87,200 to $83,000 today. 

The stock will be in the spotlight as it reveals its recent Bitcoin purchases. Michael Saylor has hinted that the company continued its purchases last week, saying that there was always room for "more orange."

Strategy is still the biggest Bitcoin holder in the world, with 848,000 coins valued at over $70 billion. The value of its holdings has jumped from the year-to-date low of over $49 billion.

In addition to Bitcoin purchases, Strategy has continued to use its recently raised cash to repurchase STRC’s shares in a bid to push its value to par.