Best Performing Crypto Stocks in February 2022 Voyager Digital VYGVF Trading Platform

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Voyager Digital is one of four crypto stocks doing well and exceeding expectations in February and predicted for 2022 in general. The entire crypto sector is seeing a huge influx in cash and investment.

Cryptocurrency exchange FTX saw its valuation soar to $32 billion in a new funding round announced Jan. 31, underscoring a continued appetite for the sector.

This is just one of many financing rounds sending serious cash into the crypto sector. In 2021, funding for blockchain startups increased eightfold to $25.2 billion.

This trend isn’t expected to slow in 2022, creating a positive outlook for companies in the space such as Marathon Digital Holdings Inc. (NASDAQ:MARA), Hut 8 Mining Corp. (NASDAQ:HUT), Hive Blockchain Technologies (NASDAQ:HIVE) and Voyager Digital (OTC:VYGVF) (TSX:VOYG).

Hut 8 Mining Corp. recently provided its mining production for January 2022, revealing that it mined 308 BTC. Hut 8 reported that 16% of the production was from the company’s graphics processing unit miners. These GPUs are efficient, with minimal power requirements. The company deposited 100% of the self-mined bitcoin.

Marathon Digital Holdings Inc.: On Feb. 4, Marathon reported an 816% year-over-year surge in Bitcoin production in January. Marathon stock popped nearly 10% on the report that it produced 462.1 self-mined Bitcoin in January 2022 vs. 50.4 in January 2021. January’s total is a sequential decline from December 2021’s 484.5 BTC.

Hive Blockchain Technologies announced the total Bitcoin equivalent mined by the company in 2021 was 4,032. In January, Hive produced 264 bitcoins at a mining capacity of 1.87 Exahash. The company also produced 2,170 ETH equivalent at a mining capacity of 4.56 Terahash.

Voyager Digital is one of the fastest-growing, publicly traded cryptocurrency platforms in the U.S. and is now a corporate investor of crypto lending and tax platform CoinLedger. Voyager recently partnered with CoinLedger to bring free tax tools for its users for the 2021 tax year.

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