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3 Blockchain Stocks That Can Turn $100 Into $10,000 By 2025: June Edition
Blockchain stocks and the industry are growing so quickly that investors can become multimillionaires if they time their bets correctly for events like the fourth Bitcoin (BTC-USD) divided AND the approval of the Bitcoin ETF filings.
Additionally, continued interest in blockchain, illustrated by institutional money, is helping legitimize the industry, making people more interested in blockchain stocks. For example, the Depository Trust and Clearing Corporation he bought blockchain-based financial technology company Securrency. Black rock (NYSE:BLK) AND even in office of the financing of 47 million dollars Securitise.
Also, Yat Siu, co-founder of Animoca brands, believes that blockchain technology will be widely used in the next 12-18 months, mainly in blockchain games. This will make blockchain stocks more attractive as their reliability and use cases increase.
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Buying miner shares instead of tokens is the safest and most profitable way to invest in blockchain. This is because miners are looking to increase their capacity after the fourth halving and they are doing so expanding into artificial intelligence to protect against losses after the fourth halving on April 19. At the same time, they are not tied to the price movements of Bitcoin (BTC-USD).
Furthermore, stocks that produce blockchain hardware are safe bets because they are not directly linked to any coin.
Let’s look into it more!
Riot Control Platforms (RIOT)
In this photo illustration, the Riot Platforms (RIOT) logo is displayed on a smartphone screen.
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Riot control platforms (NASDAQ:REVOLT) recently signed an agreement to purchase 31,500 next-generation M60S miners from MicroBT, a smart move after the latest Bitcoin halving. This will increase the hash rate self-mining capacity of its Rockdale facility from 12.4 EH/s to 15.1 EH/s by the end of July. The goal of this $97.4 million investment is to make the system more efficient.
Also, the transformer of the Corsicana plant has been activated safely, making it the largest Bitcoin mining facility in the world, with a developed capacity of 1 GW. The first 400 MW of growth by the end of 2024 will probably add 16 EH/s to Riot’s mining capacity.
Additionally, if Riot decides to exercise its rights under its agreement with MicroBT, the Corsicana and Rockdale facilities will both receive new machines, potentially increasing Riot’s overall auto-mining hash rate to 41 EH/s by the second half of 2025 .
Amid all this expansion, RIOT continues to deliver financial results, reporting revenue of $79.3 million, up from $73.2 million last year and net income of $211.8 million, or $0.82 per share, thanks to a 131% increase in Bitcoin prices.
The story continues
Riot’s stock price fell despite its strong finances, mainly because the mining difficulty increased to $23,034, but the upside is phenomenal, at 78%. with all eight analysts covering RIOT by rating it a buy.
CleanSpark (CLSK)
In this photo illustration, the CleanSpark (CLSK) logo is displayed on a smartphone screen
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CleanSpark (NASDAQ:CLSK), which boasts a 40% upside potential, also focuses primarily on increasing capacity by enhancing it preemptive option to buy 100,000 Bitmain S21 Pro minershaving exceeded 17 exahash per second (EH/s) operating hash rate.
If all goes according to plan, these additional miners will increase the overall purchased hash rate by 17% to 23.4 EH/s. Operating at 15 joules per terahashthe new S21 Pro versions are 14% more efficient than the previous ones.
Earlier this year, the company purchased three Bitcoin mining data centers in Mississippi. Also CLSK plans to purchase 75 MW of Bitcoin mining sites in Wyoming for $18.75 million, with the ability to add another 55 MW at these sites.
As part of this expansive effort, all eyes will be on CleanSpark’s mining capacity. He generated 417 Bitcoin in May 2024, adding to the 6,154 Bitcoins he already had. He sold 2.43 Bitcoins for an average price of around $59,000 each and reported a hash rate of 17.97 EH/s.
Its fleet performance rose to 23.05 joules per terahash. CLSK is also expanding its campus in Dalton, Georgia, adding approximately 0.8 EH/s to its hash rate.
Nvidia (NVDA)
Technology company Nvidia displayed on mobile phone. NVDA shares
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Nvidia (NASDAQ:NVDA) is the darling of today’s AI-driven stock market, recently becoming the second most valuable company in the world after Apple (NASDAQ:AAPL). However, if analysts’ estimates materialize, there would be a greater chance of upside, particularly after NVDA completed its recent 10-for-1 stock split and increased its quarterly cash distribution by 150% to $0.01 per share.
NVDA produces GPUs for professional cryptocurrency mining, especially the Nvidia CMP HX range. Overall, Nvidia controls about 80% of the standalone graphics card market, making it the GPU market leader.
Outside of blockchain, Nvidia has had notable financial success as AI, particularly generative AI and massive language models, drive its growth, accounting for 40% of its data center revenue. The success also comes from Nvidia’s GPU Hopper computing platform.
Overall, Nvidia has made a record $26 billion in the first quarter of fiscal 2025up 18% compared to the previous quarter and 262% on an annual basis.
Because of such moves, Nvidia’s dominance in the AI chip industry is significant expected free cash flow of $100 billion in the next two years and smooth supply chain management, Bank of America and Susquehanna analysts will continue to work in 2024.
As of the date of publication, Faizan Farooque did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to InvestorPlace.com Guidelines for publication.
Faizan Farooque is a contributing writer for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in stock market analysis and was a former data journalist at S&P Global Market Intelligence. His passion is helping the average investor make more informed decisions about their portfolio.
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