In this article, we will look at the 13 Best Cryptocurrency Stocks to Buy Now.
Cryptocurrency stocks are on the move in the aftermath of US President Donald Trump announcing plans for a “Crypto Strategic Reserve.” The possibility of a cryptocurrency reserve is a significant step toward Trump’s goal of making the United States the global center of cryptocurrency.
The United States already possesses several strategic stockpiles, such as medical and military assets. In times of need, the government draws from these unique reserves. To keep the Federal Reserve afloat, the government would probably be actively purchasing and disposing of cryptocurrencies as part of the strategic reserve push.
“This move signals a shift toward active participation in the crypto economy by the U.S. government,” said Federico Brokate, head of U.S. business at 21Shares, a digital assets investment management firm. “It has the potential to accelerate institutional adoption, provide greater regulatory clarity, and strengthen the U.S.’s leadership in digital asset innovation.”
Additionally, some Bitcoin holders think that a cryptocurrency reserve may act as an inflation hedge. They contend that at times of global economic crisis, the value of Bitcoin may surpass that of the dollar, citing the currency’s declining worth over time. However, cryptocurrencies have shown to be highly volatile during recent geopolitical events, like Russia’s invasion of Ukraine. Additionally, some experts believe that the US government purchasing Bitcoin could endanger the dollar’s standing internationally.
READ ALSO: 12 Best NYSE Penny Stocks to Buy According to Analysts and 10 Best Semiconductor Penny Stocks To Invest In Right Now.
Critics contend that cryptocurrency is a speculative investment and has historically been volatile, while proponents claim that the proceeds may be used to pay down the country’s massive debt. Approximately 200,000 Bitcoin tokens are thought to be held in the United States due to illegal seizures. The total value of that exceeds $17 billion. With a reserve, these holdings might be expanded to include three lesser-known cryptocurrencies, XRP, Solana, and Cardano, in addition to Ethereum.
Amid the “crypto strategic reserve” push, cryptocurrency stocks’ popularity is growing as investors explore ways of diversifying their investment portfolio beyond traditional asset classes. The stocks stand out partly because they offer crypto exposure without requiring one to own the underlying volatile crypto asset. Additionally, the stocks provide both growth potential and innovation. Many experts regard them as being safer than direct cryptocurrency investments.
A close-up of a person’s hands holding cryptocurrency coins.
Our Methodology
To determine the 13 best cryptocurrency stocks to buy now, we analyzed the US market for companies with exposure to cryptocurrencies and blockchain technology. Our in-depth analysis focused on firms with solid prospects due to their investments in cryptocurrencies and the underlying technology. We reviewed ETFs and financial media reports to compile a preliminary list. Finally, we ranked the stocks in ascending order based on the hedge fund stakes in them during Q4 2024.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
13 Best Cryptocurrency Stocks to Buy Now
13. MARA Holdings Inc. (NASDAQ:MARA)
Average Upside Potential as of March 11: 76.51%
Number of Hedge Fund Holders: 21
MARA Holdings Inc. (NASDAQ:MARA) is a digital asset technology company that mines digital assets with a focus on the Bitcoin ecosystem. It stands out as one of the best cryptocurrency stocks to buy, as the company owns a minority stake in the Bitcoin network. Additionally, the company generates strong cash flow compared to revenue.
The company delivered solid fourth-quarter and full-year 2024 results on February 26th. Fourth-quarter revenue surged to $214.4 million compared to $186 million the previous year. Revenue for the full year was up 69% to $656.4 million. Mara Holdings mined 9,430 Bitcoins during the year, taking its total holdings to 44,893 as of the end of 2024.
Mara Holdings’ Bitcoin holdings increased on mining 706 Bitcoins in February, which was 4% higher than in January. The increase came with the rise in the company’s hashrate. The company’s mining activities should receive a boost on the completion of a 40-megawatt data center in Ohio, expected to host ten thousand S21 Pro immersion miners. MARA Holdings Inc. (NASDAQ:MARA) has also sought to diversify its revenue streams beyond crypto mining. It currently hosts vital infrastructure for AI and high-performance computing, affirming its long-term prospects.
12. Hive Digital Technologies Ltd (NASDAQ:HIVE)
Average Upside Potential as of March 11: 388.12%
Number of Hedge Fund Holders: 13
Hive Digital Technologies Ltd (NASDAQ:HIVE) engages in the mining and sale of digital currencies. It operates data centers for computing and mining cryptocurrencies, including Bitcoin and other coins. The company holds more than 2,800 Bitcoin in its balance sheet therefore well poised to benefit from a spike in prices.
Hive Digital Technologies Ltd (NASDAQ:HIVE) has already moved to strengthen its bitcoin mining operations with the installation of 1,090 Bitmain Antminer T17+ 58 terahash per second (TH/s) SHA 256 mining machines at its green energy-powered bitcoin mining operation in Quebec. HIVE’s total operating hash rate should improve to 118 PH/s, operating at a gross mining margin above 40%.
Hive Digital Technologies Ltd (NASDAQ:HIVE) delivered solid third-quarter fiscal 2025 results with a net profit of $1.3 million, a significant improvement from a net loss of $7.7 million in the same quarter last year. However, revenue in the quarter dropped from $31.2 million to $29.2 million. Amid the drop, HIVE Digital remains focused on strategic expansions and innovations in artificial intelligence.
11. Bit Digital Inc (NASDAQ:BTBT)
Average Upside Potential as of March 11: 281.94%
Number of Hedge Fund Holders: 14
Bit Digital Inc (NASDAQ:BTBT) is a financial services company that engages in the bitcoin mining business. It is also involved in treasury management, digital asset staking, and digital asset mining businesses. It is one of the companies holding significant cryptocurrencies in its portfolio and is poised to benefit from a substantial price spike.
As of the end of 2024, Bit Digital Inc (NASDAQ:BTBT) held about 742 Bitcoins and 27,623 Ethereum for a combined value of more than $160 million. The company creates a perpetual revenue flywheel by trading some of its bitcoin mining rewards for Ethereum, staking ETH to generate yield, and reinvesting the yield back into bitcoin miners. The company has also embarked on a diversification strategy beyond Bitcoin and Ethereum mining. Part of the diversification push entails signing a five-year colocation contract with prominent AI hardware innovators.
The colocation agreement paves the way for Bit Digital to supply a 5-megawatt custom data center infrastructure expected to supplement its cryptocurrency revenue base. Bit Digital Inc (NASDAQ:BTBT) remains committed to providing high-performance colocation solutions as it looks to take advantage of growing AI workloads.
