Afraid to buy cryptos? But interested in block chain? Check out these stocks..

in #stocks7 years ago (edited)

Bitcoin has been hailed as the future of money by some and called a pyramid scheme by many others yet almost everyone seems to believe the underlying blockchain technology has extreme potential. Here are a few stocks that you can buy that are directly involved in blockchain technology, cryptomining, investing and more.

DISCLAIMER: not financial advice. i am not a professional investor just a crypto enthusiast who dabbles in stocks. Please research any of these companies further if you wish to invest. Out of those listed I am only invested in Hive.

Riot Blockchain (BIOP)

Riot Blockchain is also relatively new to the blockchain scene, having changed its name from Bioptix to Riot Blockchain at the beginning of October. Formerly a biotech company, Riot Blockchain is the first mover on the NASDAQ as a pure play blockchain company. Riot hopes to gain exposure to the blockchain ecosystem through investments in the sector, specifically through bitcoin and ethereum. The company has partnered with Coinsquare by way of a strategic investment.

HIVE Blockchain (PRELF)

HIVE Blockchain is also relatively new to the scene but is already making a name for itself in the market. HIVE looks to “build a bridge” between the blockchain market to traditional capital markets, and is strategically partnered with Genesis Mining, a cryptocurrency mining hashrate provider. On October 10, the company announced a $7 million equity investment by Genesis Mining. Then on October 11, HIVE announced it had closed a $30 million bought deal financing.

BTCS Inc. (BTCS)

BTCS Inc., formerly Bitcoin Shop, Inc., is engaged in the business of hosting an online e-commerce marketplace where consumers can purchase merchandise using digital currencies, including bitcoin and with operations in the blockchain and digital currency ecosystems. The Company operates a beta e-commerce marketplace, which accepts a range of digital currencies, have designed a beta secure digital currency storage solution BTCS Wallet. The Company's
transaction verification services business (bitcoin mining) enables running application-specific integrated circuit (ASIC) servers. The ASIC servers solve a set of prescribed mathematical calculations in order to add a block to the blockchain and thereby confirm bitcoin transactions. The Company's beta e-commerce marketplace offers approximately 250,000 curated products and utilizes its Intelligent Shopping Engine to find competitive prices on products from over 250 retailers.

First BITCoin Capital Corp (BITCF)

The goal of First Bitcoin Capital Corp. is to acquire Bitcoin start-ups, raise funding and invest in companies that are developing Bitcoin software or hardware applications. The Company has also created a few coins such as TeslaCoilCoin (TESLA).

Global Arena Holding Inc (GAHC)

Global Arena Holding Inc. (GAHI) is a holding company, focusing on financial services and technology software companies. The Company is focused on acquiring technologies, patents and companies having the ability to leverage the blockchain crypto technology. The Company, through Global Election Services, Inc. (GES), provides technology-enabled election services primarily for organized labor associations. GAHI Acquisition Corp. is the subsidiary of the Company. The Company was a financial services firm.

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