5 Best Bitcoin Stocks To Invest In

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In this article, we discuss 5 best bitcoin stocks to invest in. If you want to read our discussion on the bitcoin industry, head over to 10 Best Bitcoin Stocks To Invest In

5. Cipher Mining Inc. (NASDAQ:CIFR)

Number of Hedge Fund Holders: 9

Cipher Mining Inc. (NASDAQ:CIFR) specializes in the management of large-scale bitcoin mining data centers in the United States. The company is headquartered in New York and operates as a subsidiary of Bitfury Holding B.V. It is one of the best bitcoin stocks to monitor. In November, Cipher Mining Inc. (NASDAQ:CIFR) mined 433 bitcoins, exceeding the 428 mined in October. This achievement occurred even with an approximately 6.5% month-over-month increase in the average monthly network hash rate.

According to Insider Monkey’s third quarter database, 9 hedge funds were bullish on Cipher Mining Inc. (NASDAQ:CIFR), compared to 11 funds in the prior quarter. 

Follow Cipher Mining Inc.

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