One of the easiest investment plays of 2023 was buying Bitcoin (CRYPTO: BTC) mining stocks. All they seemed to do was go up, with popular mining stocks like Marathon Digital Holdings (NASDAQ: MARA), Riot Platforms (NASDAQ: RIOT), and CleanSpark (NASDAQ: CLSK) all up more than 400% by the end of 2023.

But it could be an entirely different story in 2024. Due to the upcoming Bitcoin halving, only a handful of Bitcoin mining companies are likely to be profitable for the year, and that could lead to a massive shakeout in the industry. So, with that in mind, here are two crypto stocks to buy instead.

First up is Coinbase Global (NASDAQ: COIN), which continues to be a favorite of crypto investors. Cathie Wood of Ark Invest was consistently bullish on Coinbase throughout 2023 -- and for good reason. Coinbase remains the second-largest cryptocurrency exchange in the world, with a business model that is easy to understand for investors.

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Source Fool.com