Public Equities is one way of playing a crypto bull cycle. It might not have the optionality that Altcoins offer, however, you also encounter fewer risks with regulated company equity than questionable anonymous dev teams with admin keys.
It also offers you the chance to buy on margin or potentially have a better tax structure. But, I’m not here to discuss all advantages or disadvantages. Just wanted to share the list of companies I’m following quite closely.
Since there are only a few of these companies worldwide with limited exchange listings, my guess is, that these will be trading a lot higher than fair value once the bull market is on its way. There is a flood of liquidity chasing growth narratives and only tiny marketcaps to play this theme.
| Galaxy Digital Holdings | TSX-V: GLXY | BTC Holdings + Crypto OTC Broker + Crypto VC |
| Silvergate Capital | NYSE: SI | Crypto Prime Broker |
| Microstrategy | NASDAQ: MSTR | B2B Software + BTC Holdings |
| Marathon Patent Group | NASDAQ: MARA | Bitcoin Miner |
| Hut 8 Mining | NASDAQ: HUTMF | Bitcoin Miner |
| RIOT Blockchain | NASDAQ: RIOT | Bitcoin Miner |
| Hive Blockchain Technologies | TSX.V: HIVE | Bitcoin Miner |
| Bitcoin Group | FRA: ADE | Crypto Exchange + Services |
| Goldmoney | TSX.V: XAU | Potential Crypto Custodian via Blockvault |
| TZero | NASDAQ OTC: TZROP | Security Token Exchange |
| PayPal | NYSE: PYPL | Payment Provider with Bitcoin Revenue |
| Square | NYSE: SQ | Payment Provider with Bitcoin Revenue |
I think there is a case for owning both equities and cryptocurrencies. In the upcoming years, I would assume the choices in public equities become broader.
However, it will see antiquated to buy them with a traditional broker if the rate of Innovation in DeFi keeps up to current levels.
Disclaimer: I own a basket of the first 8 stocks listed in the table. This basket is by far the biggest position in my portfolio.
