7 Blockchain Stocks to Buy for Disruptive Growth Potential

Diving headfirst into the cryptocurrency realm can feel like a roller-coaster ride, but betting on the best blockchain stocks provides a smoother path to capitalizing on this technology.

Investors can find a more predictable and secure path in the digital financial sphere. By focusing on companies harnessing blockchain’s potential rather than betting on the waning crypto market sentiment.

Instead of pure crypto investment, choosing blockchain stocks to buy offers many advantages. First, it bypasses the stomach-churning volatility often triggered by wild speculation in the crypto market.

Most of these businesses are not pure plays that provide an extra degree of security for steady core business to fall back on.

So, buckle up and get ready to explore the exciting realm of blockchain investing instead of watching the unpredictable twists and turns of digital currencies.

Riot Blockchain (RIOT)

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Riot Blockchain (NASDAQ:RIOT) is one of the best Bitcoin (BTC-USD) mining companies, poised to surge ahead on the back of a setback in BTC’s price. With BTC ahead, RIOT stock is up a remarkable 215% year-to-date, with the rocket ship showing no signs of slowing down.

Perhaps one of the key factors underpinning its bull case is the firm’s fortress-like balance sheet with zero debt and a mammoth $230 million cash reserve.

It has a treasure chest of over 7000 BTC. This enviable position allows the company to move forward with ambitious expansion plans.

Riot’s cost-effective mining has resulted in an impressive gross margin of over 25% and a 5-year average of approximately 75.6%.

As BTC continues its upward trajectory, Riot Platforms will march forward with confidence, dazzling investors with its financial prowess and sparkling future prospects.

Block (SQ)

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Block (SNEEZE:SQ) formerly known as Square, is looking to dominate the decentralized finance space as it fully embraces blockchain technology as a core business driver.

The company’s flagship app, Cash App, will spearhead the new business venture, capitalizing on the massive popularity of the platform.

With an eye on a much bigger vision, Block is reportedly developing its own open BTC mining system and a decentralized web platform.

The success of the core business, which has generated double-digit growth in sales, is driving this ambitious expansion in recent years.

The monstrous growth of the business has helped build its massive cash war chest of over $5.5 billion. Therefore, as the fintech giant continues to break new ground, Block is well positioned to solidify its status as a trailblazer in digital finance.

Coin base (COIN)

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Coin base (NASDAQ:COIN) is the world’s second largest cryptocurrency exchange, with a formidable customer base of over 110 million verified traders. It is poised to capitalize on the flurry of trading activity as the crypto market surges, positioning it for robust long-term gains.

On the back of several headwinds, which crushed the crypto market last year, Coinbase’s business has taken a massive beating.

It is far from where it should have been after a record-breaking 2021, which marked a staggering $7.8 billion in sales and a whopping $4 billion in adjusted EBITDA.

Despite the challenges of recent quarters, there are still a few bright spots that have the bulls licking their lips over the future outlook. These include the strong growth in subscription and service revenue, driven by an ever-expanding list of smart-money clients.

Along with the resurgence in the crypto market, this segment is poised for massive future expansion ahead. That’s why it’s worth keeping an eye on this crypto behemoth as it continues to innovate and conquer new horizons in the digital asset landscape.

MasterCard (MA)

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Payment giant MasterCard (SNEEZE:MA) is among the few large companies that utilize distributed ledger technology in the real world.

Its effective crypto strategy revolves around integrating blockchain and digital technologies into its rock-solid payment infrastructure.

On top of that, it aims to simultaneously explore new products and services while collaborating with innovative companies in the sector to further expand its market share.

As a pioneer in peer-to-peer lending, Mastercard is in an excellent position to take advantage of the unique opportunities offered by blockchain technology. A major opportunity lies in streamlining cross-border transactions, something which delays and high fees have long plagued.

Against the background of the recent controversies in the crypto sector, Mastercard wants to be more careful in the companies it works with. However, its impressive portfolio of over 90 blockchain patents demonstrates its unwavering long-term commitment to the sector.

The company’s core business is as strong as ever, with dividend growth rates rising past historic highs.

Nvidia (NVDA)

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Last summer, Nvidia (NASDAQ:NVDA) found itself in hot water when the US SEC took issue with its lack of transparency related to the effect of crypto miners on GPU demand.

The $5.5 million settlement fee raised eyebrows, but the tech giant has emerged relatively unscathed and continues to soar in the burgeoning landscape.

The firm cashed in on the crypto boom by launching its patented cryptocurrency mining processors (CMPs), which were caught in a tailspin with a 77% drop in sales during the fourth quarter.

Still, Nvidia remains undeterred, continuing to energize its CMP divisions with an unwavering determination to conquer new frontiers in the AI ​​realm. The core businesses continue to fire on all cylinders, with their tentacles spread across multiple tech verticals.

It has a robust profitability profile, with double-digit growth in profitability measurements over the past five years.

PayPal (PYPL)

PayPal (NASDAQ:PYPL) is a fintech pioneer who has wholeheartedly embraced cryptocurrency and blockchain technology.

Since the initiation of BTC transactions in 2014, PayPal (NASDAQ:PYPL) has played a key role as a leading facilitator in the cryptosphere, offering customers various services, from trading and holding crypto to using its robust ‘Checkout with Crypto’ service for seamless purchases.

In addition, PayPal allows its customers to hold funds Litecoin (LTC-USD) and Ethereum (ETH-USD), except BTC.

At the end of 2022, the fintech giant had an impressive $604 million in crypto holdings, which will likely have grown considerably in value by the time it reports its first quarter earnings.

Meanwhile, the core business dazzles investors with its unwavering growth, characterized by payment volume and a significant increase in new active accounts.

As a true innovator in the digital finance space, PayPal should continue to make waves as they venture further into the ever-evolving blockchain space.

Global X Blockchain ETF (BKCH)

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It is always wise to ride the tailwind in a sizzling sector by investing in an exchange-traded fund. Always on the radar of savvy investors, ETFs offer diversification at a refreshingly low cost.

The blockchain sphere is risky, to say the least, and so investors must look to manage their portfolio risk effectively. That’s why it’s a good idea to bet on Global X Blockchain ETF (NASDAQ:BKCH).

With a low expense ratio of 0.50%, this powerful ETF invests in 25 different pure and secondary plays in the blockchain sphere. From digital asset mining and transactions to hardware and technology giants, BKCH offers a lot of value to its investors. BKCH ETF serves up a delicious plate of stocks, saving investors the headache of managing individual investments.

At the date of publication, Muslim Farooque did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to the InvestorPlace.com Publishing Guidelines