Top Blockchain Stocks to Monitor on February 18th

On February 18th, there are five notable blockchain stocks to keep an eye on: Oracle, Applied Digital, Riot Platforms, Globant, and Bitdeer Technologies Group. These stocks represent publicly traded companies involved in the development and use of blockchain technology. Investors view blockchain stocks as a way to tap into the expanding blockchain sector and take advantage of its potential disruptiveness. The listed companies recorded the highest dollar trading volume within the blockchain category in recent days.

Oracle (ORCL)

Oracle Corporation offers a range of products and services tailored for enterprise information technology needs globally. Their offerings include a suite of cloud software applications like Oracle Fusion cloud enterprise resource planning (ERP), supply chain management, human capital management, and healthcare solutions. On Tuesday, Oracle’s stock price increased by $5.62, landing at $179.78. The total number of shares traded was approximately 11.4 million, slightly below its average trading volume of 12.4 million. Oracle’s market capitalization stands at around $502.85 billion, and its stock has seen a twelve-month low of $106.51 and a high of $198.31.

Applied Digital (APLD)

Applied Digital Corporation is engaged in designing and operating data centers across North America. They provide various digital infrastructure solutions geared towards the high-performance computing industry, including services for artificial intelligence and cryptocurrency data hosting. The stock rose by $0.52 to reach $9.63 during trading. The volume of shares exchanged was about 29.25 million, surpassing its average of 24.29 million. Applied Digital currently has a market capitalization of about $2.15 billion.

Riot Platforms (RIOT)

Riot Platforms, Inc., which operates as a Bitcoin mining entity, has a comprehensive business model featuring segments like Bitcoin Mining, Data Center Hosting, and Engineering. They offer crucial infrastructure for large-scale Bitcoin miners and maintain data center operations. On Tuesday, Riot stock fell by $0.71, closing at $11.56 with a shared volume of roughly 22.12 million, while its average trading volume was 31.89 million. Riot's market cap is approximately $3.98 billion.

Globant (GLOB)

Globant S.A. provides technology services globally, including solutions in blockchain, cloud technology, cybersecurity, data artificial intelligence, and more. The company’s stock declined by $1.98 to $222.49, with a traded volume of 799,218 shares compared to an average of 462,655. Globant holds a market cap near $9.59 billion and has seen a one-year low of $151.68 and a high of $238.32.

Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group functions as a technology firm specializing in blockchain and computing. They provide hash rate sharing solutions along with comprehensive mining machine hosting services. Bitdeer’s stock dropped by $1.47 to $15.03, with around 5.3 million shares traded, compared to its average trading volume of 6.65 million. The company has a market cap of about $1.68 billion.

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