Some Cheap Crypto Mining Stocks Could Be Value Traps, Warns Asset Manager Valkyrie

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Some Cheap Crypto Mining Stocks Could Be Value Traps, Warns Asset Manager Valkyrie

Miners with smaller crypto holdings relative to their market capitalization include HIVE Blockchain (HIVE), Bit Digital (BTBT), CleanSpark (CLSK), Stronghold Digital (SDIG), and Greenidge Generation (GREE). Valkyrie said this batch of miners could be viewed as more “defensive” and less exposed to their liquid assets declining if crypto prices continue to drop. www.coindesk.com

Miners with smaller crypto holdings relative to their market capitalization include HIVE Blockchain (HIVE), Bit Digital (BTBT), CleanSpark (CLSK), Stronghold Digital (SDIG), and Greenidge Generation (GREE). Valkyrie said this batch of miners could be viewed as more “defensive” and less exposed to their liquid assets declining if crypto prices continue to drop.

www.coindesk.com