|Bid||101.69 x 800|
|Ask||102.11 x 800|
|Day's Range||99.01 - 104.76|
|52 Week Range||12.05 - 187.86|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||59.84|
|Earnings Date||Jul. 26, 2021 - Jul. 30, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||160.00|
Bitcoin (CRYPTO: BTC) is having a wild year. The optimism surrounding bitcoin and cryptocurrencies in general is still promising, though, and governments, companies, and consumers alike are increasingly willing to accept and hold onto the digital currency. Three stocks that have bet on bitcoin and are worth buying right now are Square (NYSE: SQ), MercadoLibre (NASDAQ: MELI), and Silvergate Capital (NYSE: SI).
These two companies have dynamics that should allow them to perform well in a rising-rate environment.
These two "pick-and-shovel" plays in the crypto industry have promising futures ahead of them.