Crypto Stocks To Watch As Bitcoin Hits New Highs
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Crypto stocks recently experienced an uptick in popularity as investors rushed to secure a share of the recent Bitcoin rally. Some of the stocks achieved commendable growth over the last few months. Bitcoin’s recovery over the last few weeks reignited confidence in the segment. It even Managed to cross into new highs recently and key developments observed recently could potentially support or continue to fuel aggressive stock price growth. Here are some of the top crypto stocks likely to achieve the most growth. Strategy (MSTR) Strategy was at the forefront of the latest rally and has been aggressively purchasing BTC. A move that yielded impressive returns for investors as evident by its stock price growth. For context, MSTR stock price traded at $399 at press time after rallying by more than 3,000% in the last 5 years. It had also rallied by about 33% on a year-to-date basis. Strategy stock price/ source: Google Finance Can Strategy continue to tap into more growth? Recent developments suggest so. The company recently released a prospectus through which it revealed a plan to raise $2.1 billion through STRF share issuance. The $2.1 billion collected from the new issuance event will be used to purchase more Bitcoin. The fresh issuance could support MSTR long term growth as Bitcoin balloons in value. Coinbase (COIN) Coinbase was recently added to the S&P500 marking a major milestone for the stock. The move was a pivotal moment because it was the first time a crypto stock joined the index. ETFs and funds that invest in the S&P500 are required to allocate their investment into stocks within the index. This means Coinbase stock will benefit from heavy liquidity inflows in the coming weeks and months. In the grander scheme of events, Coinbase stock being embraced into the S&P500 was also…
Filed under: News - @ May 23, 2025 3:23 pm