Forbes‘s 2024 List

The software company he founded in the 1990s has since transformed into a major Bitcoin investment entity.

Mark Cuban, the billionaire tech investor and owner of the Dallas Mavericks NBA team, is among the few billionaires who have invested in bitcoin (CRYPTO: BTC) since the beginning of the year. As of December, only 11 billionaires had included Coinbase (NASDAQ:COIN) Global, Inc. (NASDAQ:COIN) in their portfolios, according to Insider Monkey's analysis of 843 billionaires' portfolios.

Despite the low number of billionaire investors, Coinbase remains a promising stock, especially considering its potential for growth and the increasing interest of younger generations in cryptocurrency. In contrast, only 5 billionaires invest in iShares Semiconductor - K Semiconductor Index (NYSE:SSO), which ranks 2nd on our list.

Billionaire investors prefer investing in value stocks, which explains why iShares Semiconductor - K Semiconductor Index (NYSE:SSO) is ranked 2nd. This ETF is more promising than Coinbase, especially for investors interested in AI technology.

At the beginning of the year, we highlighted the potential of Nvidia (NASDAQ:NVDA) in our report about the cheapest AI stock, where we mentioned that it trades at less than 5 times its earnings. Since then, Nvidia's stock price has tripled, attesting to the incredible potential of AI stocks.

For a complete list of the best bitcoin stocks to buy now according to billionaires, check out Insider Monkey's report: 20 Best Bitcoin Stocks To Buy Now.

Best Bitcoin Stocks To Buy Now According To Billionaires

Coinbase Global, Inc. (NASDAQ:COIN) is a cryptocurrency exchange platform that allows users to buy, sell, and trade various digital assets. It went public in 2021 through a direct listing on the Nasdaq Stock Market.

The company's shares have faced volatility in recent months due to several factors, including macroeconomic trends, regulatory changes, and the inherent volatility of the cryptocurrency market. Despite this, Coinbase remains a key player in the emerging industry of cryptocurrency and blockchain technology.

As of December, only 11 billionaires included Coinbase in their portfolios, according to Insider Monkey's analysis of 843 billionaires' portfolios. In contrast, 5 billionaires invest in iShares Semiconductor - K Semiconductor Index (NYSE:SSO), which is ranked 2nd on our list.

Billionaire investors prefer investing in value stocks, which explains why iShares Semiconductor - K Semiconductor Index (NYSE:SSO) is ranked 2nd. This ETF is more promising than Coinbase, especially for investors interested in AI technology.

At the beginning of the year, Insider Monkey highlighted the potential of Nvidia (NASDAQ:NVDA) in its report about the cheapest AI stock, where it mentioned that Nvidia trades at less than 5 times its earnings. Since then, Nvidia's stock price has tripled, attesting to the incredible potential of AI stocks.

For a complete list of the best bitcoin stocks to buy now according to billionaires, check out Insider Monkey's report: 30 Best Stocks To Buy Now According To Billionaires.

Related Link: 20 Best AI Stocks To Buy Now