5 Best Cryptocurrency Stocks To Buy According To Hedge Funds

2. Riot Platforms, Inc. (NASDAQ:RIOT)

Number of Hedge Fund Investors In Q3 2023: 17

Riot Platforms, Inc. (NASDAQ:RIOT) is another diversified cryptocurrency mining company that focuses on providing mining infrastructure hosting for Bitcoin miners. Like other miners, it is also busy loading up on Bitcoin miners and added $290.5 million worth of products to its portfolio in December 2023.

By the end of 2023’s third quarter, 17 out of the 910o hedge funds polled by Insider Monkey were Riot Platforms, Inc. (NASDAQ:RIOT)’s shareholders. Israel Englander’s Millennium Management was the largest investor as it owned 2 million shares that are worth $18.7 million.

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