MarketBeat’s stock screener flagged several cryptocurrency-linked public companies as having the highest recent dollar trading volume, singling out Galaxy Digital Holdings Ltd. (GLXY), Bitfarms Ltd. (BITF), HIVE Digital Technologies (HIVE), Digi Power X and Soluna as the top cryptocurrency stocks to follow, the financial-news site reported.

What MarketBeat reported

MarketBeat’s roundup identified five companies that saw the largest trading dollar volume among securities MarketBeat classifies as “Cryptocurrency” stocks; the list included diversified digital-asset firms, miners and infrastructure providers. The company said the selected equities provide indirect exposure to the cryptocurrency market through businesses such as mining, trading, asset management, data-center services and hosting, while noting these stocks typically carry correlation to crypto prices as well as company- and sector-specific regulatory and operational risks that differ from owning tokens directly.[1]

Profiles of the highlighted companies

Galaxy Digital Holdings Ltd., a diversified financial-services and investment-management company focused on digital assets, was included on the list; Galaxy operates through segments including trading, principal investments, asset management, investment banking and mining, giving the firm exposure across the crypto value chain.[1]

Bitfarms Ltd., a vertically integrated cryptocurrency-mining company with operations across Canada, the United States, Paraguay and Argentina, was also highlighted for heavy recent trading volume among crypto-linked equities.[1][7]

HIVE Digital Technologies, another publicly traded miner and data-center operator with exposure to multiple proof-of-work cryptocurrencies, was named alongside Galaxy and Bitfarms by MarketBeat’s screener as one of the top cryptocurrency stocks to watch.[1][7]

MarketBeat’s December 25 compilation also included Digi Power X and Soluna — companies that operate in power and data-center infrastructure for crypto mining and blockchain workloads — rounding out the five equities with the largest recent dollar volume among MarketBeat’s Cryptocurrency stock category.[1]

Why these picks matter

MarketBeat selects its lists using a screener that ranks securities by recent dollar trading volume within a defined category, which can surface names that are drawing investor attention and liquidity in the short term.[1] High dollar volume can reflect a variety of market forces including news flow, shifts in investor sentiment, trading by institutional participants, or changes in the underlying sector — in this case, crypto-related businesses.

Risks and caveats

MarketBeat cautions that cryptocurrency stocks are not the same as owning the underlying tokens; they are equities whose revenues, operations or balance-sheet holdings are tied to the crypto ecosystem and therefore often move with cryptocurrency prices while introducing company-level operational, regulatory and financial risks that can diverge from token performance.[1][7]

How investors and watchers reacted

Coverage by other outlets echoed MarketBeat’s selections or similar watchlists in recent weeks, with several financial-news sites republishing or summarizing MarketBeat’s screener results — a sign the names identified have been repeatedly flagged by screening tools for elevated volume and market interest.[4][6]

Bottom line

MarketBeat’s December list highlights Galaxy Digital, Bitfarms, HIVE Digital, Digi Power X and Soluna as cryptocurrency-related stocks with the highest recent dollar trading volume, making them names market participants may watch for liquidity and potential short-term trading activity; MarketBeat and other outlets stress that these equities carry crypto-linked volatility and company-specific risks that investors should consider before taking positions.[1][7]