5 Most Undervalued Blockchain Stocks To Buy According To Hedge Funds

4. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 69

P/E Ratio (TTM): 14.86

Intel Corporation (NASDAQ:INTC)’s technologies are widely used in the crypto space. Last year, Intel Corporation (NASDAQ:INTC) said that it intends to contribute to the blockchain world with its energy-efficient accelerators. Fulfilling its promise, Intel Corporation (NASDAQ:INTC) in April launched Intel its Blockscale Technology for energy efficient blockchain hashing.

Intel Corporation (NASDAQ:INTC) said that  Argo Blockchain, Block Inc., Hive Blockchain Technologies and GRIID Infrastructure will be the first customers of Intel Blockscale ASIC, which can power up to 580 GH/s hash rate.