5 Crypto-Centric Stocks to Buy for 2025 as Bitcoin Hits All-Time High
Portfolio Pulse from
The article highlights five crypto-centric stocks, NVDA, V, HOOD, SHOP, and SQ, as potential buys for 2025 due to Bitcoin's all-time high. These companies are expected to benefit from the ongoing rally in Bitcoin prices.
December 17, 2024 | 4:30 pm
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POSITIVE IMPACT
Robinhood could see increased trading activity as Bitcoin prices surge, benefiting its platform.
Robinhood offers cryptocurrency trading, and a rise in Bitcoin prices often leads to increased trading activity on its platform.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
NVIDIA is expected to benefit from Bitcoin's rally due to its role in providing GPUs for crypto mining.
NVIDIA's GPUs are widely used in cryptocurrency mining, and a rise in Bitcoin prices typically increases demand for mining equipment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Shopify may benefit from increased Bitcoin transactions on its platform as the cryptocurrency hits new highs.
Shopify allows merchants to accept Bitcoin payments, and a rise in Bitcoin's value could lead to more transactions.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
POSITIVE IMPACT
Square is likely to benefit from Bitcoin's rally due to its Cash App's Bitcoin trading feature.
Square's Cash App allows users to buy and sell Bitcoin, and a rise in Bitcoin prices can lead to increased trading activity.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Visa may benefit from increased Bitcoin transactions as the cryptocurrency reaches new highs.
Visa has been integrating cryptocurrency transactions into its network, and a rise in Bitcoin usage could increase transaction volumes.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70