3 US Crypto Stocks to Watch

US crypto stocks show mixed performance today, with Core Scientific (CORZ), MicroStrategy (MSTR), and Coinbase (COIN) attracting investor attention.

Core Scientific (CORZ)

CORZ is down -0.84% pre-market. This continues a trend of underperformance for the stock in 2025, despite positive movement in other crypto-related equities. Core Scientific operates one of North America's largest Bitcoin mining businesses, providing infrastructure, hosting, and self-mining services. The company's year-to-date decline of nearly 50% highlights the challenges in the Bitcoin mining sector, marked by rising costs and tighter margins. However, a potential rebound could occur as Bitcoin regains momentum.

Source: TradingView

MicroStrategy (MSTR)

MicroStrategy (MSTR) closed yesterday up 3.82%, boosting its year-to-date return to 7.54% and showing a 16% increase over the past 5 days. This strong momentum is closely tied to Bitcoin's recent price recovery. Known for its significant Bitcoin holdings, MSTR recently added 3,459 BTC, worth $285 million, to its balance sheet, totaling 531,644 BTC. This substantial investment solidifies MSTR's position as the largest corporate Bitcoin holder, making it a leveraged play on Bitcoin's price for investors.

Source: TradingView

Coinbase (COIN)

Coinbase (COIN) is trading up +0.88% pre-market, showing short-term strength ahead of its Q1 2025 earnings report on May 8th. This major US cryptocurrency exchange offers trading, custody, and staking services. The upcoming earnings report is anticipated to be a significant catalyst for the stock. Despite a nearly 29% year-to-date decline, COIN has rebounded 12% in the last five days.

Source: TradingView

Disclaimer: This analysis is for informational purposes only and does not constitute financial or investment advice. Market conditions are subject to change. Conduct thorough research and consult a professional before making financial decisions.