10 Best Crypto-Related Stocks to Invest In

5. Riot Platforms, Inc. (NASDAQ:RIOT)

Number of Hedge Fund Holders: 48

Riot Platforms, Inc. (NASDAQ:RIOT) is included in our list of the best crypto-related stocks to invest in.

On November 5, 2025, The Fly reported that Riot Platforms, Inc. (NASDAQ:RIOT) had its price target reduced from $26 to $25 by Cantor Fitzgerald, with the rating reiteration to “Overweight.” The investment firm cited reduced Bitcoin mining in October, which fell from 445 Bitcoin (14.8 Bitcoin per day) in September to 437 Bitcoin (14.1 Bitcoin per day). Furthermore, the firm cited the absence of any update to the company’s AI/HPC ambitions in its Q3 earnings release.

Earlier, on October 30, 2025, Riot Platforms, Inc. (NASDAQ:RIOT) released its Q3 earnings report. Revenue reached $180.2 million, up 18% sequentially. Revenue growth was driven by a $93.3 million increase in Bitcoin Mining revenue. Furthermore, the company gained analyst confidence with its engineering-driven growth and early development at its Corsicana facility. These factors position the company to capture high-performance computing (HPC) and AI workloads. In particular, the company’s 700-megawatt Rockdale site, which remains an attractive high-performance computing opportunity, caught analysts’ attention.

At the same time, the quarter reported adjusted EBITDA of $197.2 million, net income of $104.5 million, and diluted EPS of $0.26. The company closed the quarter with 19,287 Bitcoin valued at $2.2 billion and sufficient cash to support its data center expansion plans.

The quarter also marked strategic execution across both Corsicana and its 700-megawatt Rockdale site. Meanwhile, core and shell construction is expected to de-risk projects and provide power availability to potential tenants. The management also highlighted ongoing evaluations of additional power capacity to expand the company’s portfolio beyond existing facilities. Thus, Riot Platforms, Inc. (NASDAQ:RIOT) is well-positioned within co-location and hyperscaler hosting markets.

Riot Platforms, Inc. (NASDAQ:RIOT) is focused on cryptocurrency mining operations and high-performance computing data centers.