Blockchain Stocks To Follow Today - March 9th

On March 9th, there are five notable blockchain stocks that investors should keep an eye on. These stocks are Oracle, Bit Origin, Core Scientific, Riot Platforms, and Applied Digital, as identified by market insights. Blockchain stocks represent shares of companies deeply involved in blockchain technology, working on its development, application, or integration into their services.

Oracle (ORCL)

Oracle Corporation is a global provider of enterprise technology solutions. Their cloud services include a variety of applications like Oracle Fusion, which encompasses enterprise resource planning (ERP), performance management, supply chain management, and more. As of midday trading, Oracle saw its stock increase by $4.95, reaching $155.89. The trading volume hit 12,628,662 shares, surpassing the average of 11,632,912 shares. Over the last year, Oracle's lowest stock price was $111.18, whereas the highest reached $198.31, showing a strong market presence with a current market cap of $436.01 billion.

Bit Origin (BTOG)

Bit Origin has recently showed exciting movements as its shares rose by $0.34 to reach $0.62. The trading volume on Friday was significantly high at 620,152,901 shares compared to an average of 4,803,026 shares. Although its 52-week low is $0.16, Bit Origin has seen a peak price of $6.04 within the same timeframe, reflecting a volatile yet promising stock environment. The company’s financial ratios suggest it has a solid standing with a debt-to-equity ratio of 3.61.

Core Scientific (CORZ)

Core Scientific, Inc. is a key player in digital asset mining in North America, offering services through two primary segments: Mining and Hosting. The company is engaged in both mining digital assets and providing hosting services for large bitcoin miners. On Friday, Core Scientific's stocks traded down $0.07 to $7.78 with a notable trading volume of 31,827,030 shares. Over the last year, shares have fluctuated from a low of $2.61 to a high of $18.63.

Riot Platforms (RIOT)

Riot Platforms, Inc. is a prominent bitcoin mining enterprise operating in North America. The company runs three segments: Bitcoin Mining, Data Center Hosting, and Engineering. Recently, shares of Riot Platforms increased by $0.26 to $8.37. The trading volume reached 25,053,225 shares, compared to an average of 31,659,838. Riot Platforms has experienced price shifts from a low of $6.36 to a high of $15.87 over the past year, reflecting strong market activity.

Applied Digital (APLD)

Applied Digital Corporation designs and operates high-performance computing data centers in North America, offering critical infrastructure for digital applications, including crypto and AI services. The company’s stock rose by $0.26 on Friday, settling at $7.26 with a trading volume of 22,149,767 shares. The stock has ranged from a 12-month low of $2.36 to a high of $12.48.

Blockchain, Stocks, Oracle, Bitcoin, Market