Cryptocurrency & Blockchain
What began as a fringe experiment in peer-to-peer payments has become a multi-trillion dollar asset class. Bitcoin is now held by sovereign wealth funds and Fortune 500 treasuries. Ethereum underpins billions in daily transactions. And regulated infrastructure — exchanges, custodians, ETFs — is turning crypto from speculation into a mainstream financial instrument.
The largest regulated crypto exchange in the US. Earns revenue from trading fees, custody, and staking. Is the custodian for most Bitcoin ETFs including BlackRock's IBIT — making it essential crypto infrastructure even for investors who never touch the exchange.
Holds more Bitcoin than any other publicly traded company — over 200,000 BTC bought with a combination of cash and leveraged debt. Functions as a leveraged Bitcoin proxy, amplifying both upside and downside moves in the underlying asset.
One of the largest Bitcoin miners in North America. Earns Bitcoin directly through proof-of-work mining. Revenue depends on the Bitcoin price, mining difficulty, and energy costs. A high-beta play on Bitcoin.
Scores 10/10 for Crypto Mining. Also relevant to Bitcoin.
Scores 10/10 for Crypto Mining. Also relevant to Bitcoin.
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