Five ways to invest in Bitcoin through the stock market

Five traditional Bitcoin games

Despite crypto and blockchain still operating in a highly unregulated environment and devoid of much consumer protection, several mainstream stock market investments can, directly and indirectly, support Bitcoin.

Here we give you five plays to diversify your portfolio’s exposure to Bitcoin.

1. Grayscale Bitcoin Trust (GBTC)

Grayscale Bitcoin Trust (BTC) is an exchange-traded fund that invests in Bitcoins launched and managed by Grayscale Investments, LLC. GBTC allows investors to enter BTC in the form of a security while avoiding the immediate challenges of buying, storing and holding BTC. Grayscale is currently facing lawsuits over issues with its Bitcoin Trust product.

GBTC recently traded at $8.11.

Where to find grayscale:

Website | Twitter | LinkedIn | Trust Bitcoin |

2. Coin Base (COIN)

Coinbase is one of the most popular and trusted cryptocurrency exchanges in the world, with over 35 million customers in over 100 countries. Coinbase recently revealed over 2 million BTC in reserves, equivalent to nearly $40 billion. Coinbase also offers a number of other services, such as an online wallet and a secure storage service called Coinbase Custody. Coinbase has been the subject of some controversy due to its high fees and lack of customer service. Founded in 2012, Coinbase is based in San Francisco, California, and is a publicly traded entity.

COIN recently traded at $41.26.

Where to find Coinbase:

Website | Twitter | LinkedIn |

3. Bakkt (BAKKT)

Bakkt is a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a wide range of customers. Bakkt facilitates the trading of digital assets such as Bitcoin, Litecoin and Ethereum, as well as the physical delivery of Bitcoin futures contracts. Bakkt provides sellers and clients with an open, secure, and compliant platform to trade digital assets globally. bakes Posted quarterly net sales of $12.9 million, up 41% year over year.

BAKKT recently traded at $1.6601.

Where to find Bakkt:

Website | Twitter | LinkedIn |

4. Microstrategy (MSTR)

MicroStrategy is a business intelligence platform that helps companies analyze data and create insightful visualizations. It helps organizations make data-driven decisions quickly and offers a range of mobile and cloud-based analytics solutions. MicroStrategy provides access to data from multiple sources and allows users to create interactive dashboards, scorecards, and reports. Notably, MicroStrategy has about 130,000 Bitcoin, about $3 billion. The Bitcoin at Microstrategy was bought at the average price of $30,639. The co-founder and executive chairman Michael Saylor is a famous Bitcoin advocate.

MSTR recently traded at $193.49.

Where to find MicroStrategy:

Website | Twitter | LinkedIn |

5. Block [formerly Square] (SQ)

Block is a global technology company with a focus on financial services. Block consists of Square, Cash App, Spiral, TIDAL and TBD54566975 and builds tools to help more people access the economy. Square helps merchants run and grow their businesses with its integrated ecosystem of trading solutions, enterprise software, and banking services. With the Cash app, anyone can easily send, spend or invest their money in stocks or Bitcoin. Block is reportedly building out a Bitcoin mining venture. Block and Twitter founder Jack Dorsey is a notable proponent of Bitcoin and decentralized technology.

SQ recently traded at $61.07.

Where to find Block:

Website | Twitter | LinkedIn |