In this article, we will take a look at the 10 Best Cryptocurrency Stocks to Buy for the Long Term.
Bitcoin dropping below the $100,000 level has shaken the cryptocurrency trade that was on a roll for the better part of the year. With nearly all gains for the year wiped out, there is growing concern about how long the selloff will continue and how deep it will be.
Industry experts are already pointing to a driven selloff followed by forced liquidations that are streaming into the cryptocurrency stocks sector. On the other hand, long-term investors remain confident about the foundations of the digital asset story.
“This is a liquidity reset, not a loss of belief in the asset,” said Alessio Quaglini, CEO of digital asset solutions company Hex Trust.
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, also remains bullish about cryptocurrencies despite the recent deep selloff. According to Lee, the market is close to a cryptocurrency bottom as fundamentals remain intact.
Meanwhile, Greg Magadini, director of derivatives at crypto-focused data analytics firm Amberdata, has warned that Bitcoin could be headed for a steeper decline amid the difficult credit market conditions. It could spell trouble, given that the flagship cryptocurrency has, in the recent past, acted as a “leading indicator” for US stock market trends.
“If the markets turn bearish all at once, bringing AI and crypto prices down while the credit market simultaneously freezes up, [digital asset Treasurys] won’t be able to refinance their debt and may become forced sellers of their crypto holdings,” Magadini told CNBC. “This can trigger a cascade of price decreases.”
Amid growing fears of a heightened sell-off in the cryptocurrency sector, now would be the best time to take a look at some of the best cryptocurrency stocks to buy for the long term at a discount following the deep pullback.
Source: Pexels
Our Methodology
To list the 10 Best Cryptocurrency Stocks to Buy for the Long Term, we sifted through several online rankings to shortlist companies with significant exposure to Cryptocurrencies. Next, we settled on stocks with an upside potential of more than 30% and were popular among elite hedge funds in second quarter of 2025. Finally, we ranked the stocks in ascending order of their upside potential as of November 20.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research shows 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Best Cryptocurrency Stocks to Buy for the Long Term
10. Robinhood Markets, Inc. (NASDAQ:HOOD)
Stock Upside Potential: 30.75%
Number of Hedge Fund Holders: 85
Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the best cryptocurrency stocks to buy for the long term. On November 13, Robinhood Markets, Inc. (NASDAQ:HOOD) reiterated that it is in a phase of robust growth, announcing a 115% year-over-year increase in the value of total platform assets to $343 billion.
The 3% increase in total platform assets, month-over-month, in October resulted from the company adding 210,000 funded customers. The platform currently supports 27.1 million customers, representing an 11% year-over-year increase. The net deposit also increased by 20% in October to $5.6 billion. Over the past 12 months, net deposits have grown by 43% to $68.7 billion. Robinhood is also benefiting from notional trading volumes increasing 153% year-over-year to $320.1 billion.
Meanwhile, Citizens has reiterated an Outperform rating on the stock and set a $180 price target. The research firm remains confident about the company’s prospects amid the transition to a new CFO, Jason Warnick. The research firm has also highlighted the company’s operating system design, which enables it to scale multiple growth engines in parallel through the GM model. It also expects technology-driven execution and disciplined cost control to strengthen the company’s edge.
Robinhood Markets, Inc. (NASDAQ:HOOD) is a financial services company that offers an investment and trading platform designed to make finance accessible to everyone. It is known for pioneering commission-free trading and has shaken up the discount brokerage industry.
9. Block, Inc. (NYSE:XYZ)
Stock Upside Potential: 44.05%
Number of Hedge Fund Holders: 79
Block Inc. (NYSE:XYZ) is one of the best cryptocurrency stocks to buy for the long term. On November 17, Truist Securities upgraded Block Inc. (NYSE:XYZ) to a Buy from a Hold and increased its price target to $68 from $67.
The upgrade comes at the backdrop of a significant pullback, which, according to the research firm, has resulted in an improved risk-reward profile. The 20% plus pullback in recent months has come on growing concerns about credit risks and rapid growth in the company’s Cash App Borrowing offering.
According to Truist Securities, the company’s Square segment continues to show improving momentum that should offset the risks. Consequently, the research firm has raised the company’s 2026 adjusted earnings per share forecast to $3.28, slightly above the $3.25 a share that analysts expect.
Meanwhile, analysts at TD Cowen have also reiterated similar sentiments, affirming a Buy rating on the stock and setting a $91 price target. According to the research firm, the stock appears oversold following its reaction to the third-quarter earnings. The research firm expects the company to deliver a 2026 outlook and new medium-term financial projections that meet market expectations.
Block, Inc. (NYSE:XYZ) is a financial technology company that provides a complementary set of services for both merchants and individuals, with a strong focus on integrating cryptocurrency, particularly Bitcoin, into its operations.
8. Coinbase Global, Inc. (NASDAQ:COIN)
Stock Upside Potential: 51.78%
Number of Hedge Fund Holders: 87
Coinbase Global Inc. (NASDAQ:COIN) is one of the best cryptocurrency stocks to buy for the long term. On November 20, Erste Group cut its rating on Coinbase Global Inc. (NASDAQ:COIN) from Buy to Hold, arguing that the growing popularity of low-fee Bitcoin ETFs could chip away at one of the company’s most important revenue sources. The firm warned that as more retail investors opt for ETF exposure rather than buying crypto directly, Coinbase risks losing a meaningful share of its higher-margin retail trading business.
Erste noted that Coinbase still holds a strong position as a major platform for both individual and institutional clients, but said the shift toward ETFs could swap out its most profitable revenues for lower-margin activity. Even if overall crypto adoption continues to rise, the firm cautioned, that change in mix could put real pressure on the company’s bottom line.
Earlier, on November 10, analysts at Monness Crespi upgraded Coinbase Global Inc. (NASDAQ:COIN) to a Buy from a Neutral. The analysts also settled on a $375 price target, while reiterating the company’s financial results for 2025 and slightly increasing their 2026 estimates.
Monness Crespi upgraded Coinbase, pointing to growing confidence in the company’s push to commercialize stablecoins through new partnerships and favorable economics. The firm also noted that Coinbase has been steadily gaining trading-volume market share compared with its competitors.
Looking ahead, Monness Crespi expects upcoming product and network developments to make crypto easier to use and improve interoperability across blockchains. They added that Coinbase’s solid financial performance—including 47.38% revenue growth over the past year—helps reinforce the upbeat outlook.
Coinbase Global, Inc. (NASDAQ:COIN) provides a platform for individuals to engage with the cryptocurrency market through its trading and exchange services. It provides a cryptocurrency platform that enables people to buy, sell, and store digital currencies such as Bitcoin and Ethereum.
7. Cipher Mining Inc. (NASDAQ:CIFR)
Stock Upside Potential: 64.88%
Number of Hedge Fund Holders: 27
Cipher Mining Inc. (NASDAQ:CIFR) is one of the best cryptocurrency stocks to buy for the long term. On November 20, Cipher Mining Inc. (NASDAQ:CIFR) said it had struck a 10-year AI-hosting agreement with Fluidstack valued at roughly $830 million. The deal will bring the company’s Barber Lake facility in Texas up to its full 300-megawatt capacity. It also includes options that could push total contracted revenue to about $2 billion and potentially lift the overall value of the partnership to around $9 billion. Google has reinforced the arrangement with a $333 million lease guarantee, bringing its total backing to approximately $1.73 billion.
Cipher plans to finance the site build-out through project debt along with $118 million in equity. The company expects construction costs to fall in the $9–10 million-per-megawatt range, with anticipated margins of 85% to 90%. CEO Tyler Page said the agreement underscores Cipher’s position in high-performance computing and reflects the momentum behind its expansion plans.
On November 19, Citizens initiated coverage of Cipher Mining with a Market Outperform rating and a price target of $30. The firm pointed to Cipher’s shift away from pure bitcoin mining and toward tapping its 3.8-gigawatt power pipeline in Texas, an asset it believes could justify a valuation north of $90 over time. Analyst Greg Miller said the company’s buildout plans for 2026 give it a rare position in the high-performance computing market, with capacity that could compete with large projects such as Stargate and help establish Cipher as a major data-center operator.
Earlier on November 13, the company completed a private offering of $1.4 billion in 7.125% senior secured notes due 2030. The bolstered balance sheet allows the company to finance the construction costs of its Barber Lake facility, a high-performance computing data center.
Cipher Mining Inc. (NASDAQ:CIFR) develops and operates industrial-scale data centers for both Bitcoin mines and high-performance computing (HPC). The company operates Bitcoin mining facilities, focusing on the use of sustainable and efficient energy, and is expanding to include data center capacity for other applications, such as AI and HPC.
6. Hut 8 Corp. (NASDAQ:HUT)
Stock Upside Potential: 70.11%
Number of Hedge Fund Holders: 26
Hut 8 Corp (NASDAQ:HUT) is one of the best cryptocurrency stocks to buy for the long term. On November 17, Hut 8 Corp. (NASDAQ:HUT) said it had reached a final deal to sell its four Ontario natural-gas power plants—about 310 megawatts in total—which are run by Far North Power Corp. The buyer is TransAlta Corporation (NYSE:TAC).
Hut 8 picked up these sites out of bankruptcy and, earlier this year, secured long-term capacity agreements that helped steady their revenue. According to CEO Asher Genoot, the sale locks in the value the company has built. Hut 8 plans to put the proceeds toward major digital infrastructure projects as it continues developing its multi-gigawatt build-out across North America.
Earlier on November 4, the company reiterated that it has reached an inflection point in the scale and maturity of its flywheel. The remarks come against the backdrop of solid third-quarter results, whereby revenue nearly doubled to $83.5 million compared to $43.7 million in the prior-year period.
Amid robust revenue growth, the company reported a net income of $50.6 million, compared to $0.9 million generated in the same period last year. The significant increase was attributed to gains on digital assets of $76.6 million.
“We advanced 1,530 megawatts of capacity from exclusivity into development, underscoring both the depth of our pipeline and the scalability of our platform. Subject to commercialization, this portfolio has the potential to expand our Energy Capacity under Management to more than 2.5 gigawatts, which would mark a step change in the scale and earnings power of our platform,” said Asher Genoot, CEO of Hut 8.
Hut 8 Corp. (NASDAQ:HUT) is a digital asset infrastructure company that primarily mines Bitcoin but has expanded into a “power-first” model, which includes providing high-performance computing (HPC) and cloud services for both cryptocurrency miners and other energy-intensive workloads. It operates large-scale data centers and focuses on developing infrastructure for the “next-generation, energy-intensive use cases.
5. Riot Platforms, Inc. (NASDAQ:RIOT)
Stock Upside Potential: 98.13%
Number of Hedge Fund Holders: 48
Riot Platforms, Inc. (NASDAQ:RIOT) is one of the best cryptocurrency stocks to buy for the long term. On November 19, Citizens initiated coverage on Riot Platforms (NASDAQ:RIOT) with a Market Outperform rating and a $25 price target. The firm pointed to Riot’s shift from pure bitcoin mining to a broader data-center model, supported by third-quarter 2025 results showing $637.16 million in trailing, twelve-month revenue, more than double the prior year.
Citizens highlighted Riot’s plan to redirect power formerly used for mining into high-demand data-center and HPC capacity, an area constrained by ongoing power shortages. With a large infrastructure base already in place, Riot is seen as well positioned to grow its customer base and keep its “valuation flywheel” turning. The firm believes this asset-driven strategy gives Riot meaningful leverage as the HPC market continues to expand.
Earlier on November 5, Cantor Fitzgerald reiterated an Overweight rating but cut Riot Platforms, Inc. (NASDAQ:RIOT) price target to $25 from $26. The price cut comes on the heels of the company’s failure to provide an update on its artificial intelligence and high-performance computing ambitions. Likewise, the cut comes as the company produced 437 bitcoin in October, a 2% decrease from September and a 14% year-over-year decline.
Riot Platform’s average daily production shrank to 14.1 bitcoin in the month, down from 14.8 in September and 16.3 as of October 2024. On the other hand, the company sold 400 Bitcoins in the month, generating $46 million at an average price of $114,970 per Bitcoin.
Riot Platforms, Inc. (NASDAQ:RIOT) is a vertically integrated Bitcoin mining company that also operates as a digital infrastructure provider. The company focuses on building and operating large-scale Bitcoin mining facilities, which contributes to its role as a “Bitcoin-driven infrastructure platform.
4. MARA Holdings, Inc. (NASDAQ:MARA)
Stock Upside Potential: 105.65%
Number of Hedge Fund Holders: 24
MARA Holdings Inc. (NASDAQ:MARA) is one of the best cryptocurrency stocks to buy for the long term. On November 17, Bernstein maintained a Hold rating on MARA Holdings Inc. (NASDAQ:MARA) with a $23 price target.
Earlier on November 4, MARA Holdings Inc. delivered solid third-quarter results, characterized by a 92% year-over-year increase in revenue to $252 million. The robust revenue growth came on the company’s bitcoin holdings surging 98% to 52,850 from 26,747 at the end of the third quarter of 2024.
Amid the robust revenue growth, the company bounced back to profitability, delivering a net income of $123 million, or $0.27 per share, an improvement from a net loss of $125 million, or $0.42 per share, delivered in the same quarter last year. Its adjusted EBITDA increased 1,671% to $395.6 million.
During the quarter, the company expanded its footprint into the global artificial intelligence market with an investment in Exaion, a developer and operator of secure, low-carbon cloud data centers. The investment strengthens the company’s offering in digital energy, providing a path for high-margin, contracted cash flow. The investment underscores the company’s evolution from a pure play Bitcoin miner into a digital infrastructure company.
“MARA’s large scale power operations give us a distinct advantage, as the same energy and data center infrastructure that transforms energy into bitcoin will soon be used to produce intelligence. To prove this, we deployed AI inference racks and compute at our Granbury site this quarter, the beginning of our effort to leverage MARA ‘s infrastructure for high-performance computer applications beyond Bitcoin mining,” Mara Holdings in a letter to shareholders.
MARA Holdings, Inc. (NASDAQ:MARA) is a digital asset technology company specializing in Bitcoin mining and related digital infrastructure. Its operations involve running data centers to mine Bitcoin, holding an immense treasury of Bitcoin, and expanding into related areas, such as converting clean energy into economic value and developing solutions for energy and data center challenges.
3. HIVE Digital Technologies Ltd. (NASDAQ:HIVE)
Stock Upside Potential: 137.92%
Number of Hedge Fund Holders: 5
HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is one of the top cryptocurrency stocks to consider for long-term investment. On November 18, H.C. Wainwright raised its price target on Hive Digital Technologies (NASDAQ:HIVE) to $10 from $8, maintaining a Buy rating after the company’s AI Cloud expansion and a strong Q2 FY2026 beat.
A day earlier on November 17, HIVE Digital Technologies Ltd delivered record revenue in its digital currency mining and BUZZ HPC segments for its second quarter of fiscal 2025. Revenue in the quarter was up 285% year over year to $87.3 million. The increase was driven by a 101.2% increase in digital currency mining revenue, reflecting an 86.2% quarter-over-quarter increase in average hashrate. During the quarter, the company mined 717 Bitcoin, representing a 76.6% sequential increase in production. Nevertheless, the company ultimately reported a GAAP net loss of $15.8 million, primarily due to the accelerated two-year depreciation of ASICs.
“With 25 EH/s of operating hashrate recently achieved, we now have a Bitcoin mining revenue run-rate approaching $400 million at a 50% operating margin after electrical costs. At the same time, we are accelerating our AI data center initiatives across Canada and Europe, laying the groundwork for Tier III+ facilities capable of supporting hyperscale GPU deployments. BUZZ HPC is becoming a powerful growth engine,” said CEO Aydin Kilic.
Hive Digital’s high-performance computing division, Buzz, generated a record revenue of $5.2 million, representing a 175% increase. The increase came as the company completed a 300 MW addition of new capacity in Paraguay. It exited the quarter with a 540 MW hydro power data center footprint, securing a path of 400 MW in Paraguay. Amid the increase, the company expects $140 million in annualized HPC revenue by the end of the fourth quarter next year.
HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is a company focused on green Bitcoin mining and high-performance computing (HPC) and AI cloud services. It operates data centers powered by clean energy sources to mine Bitcoin and provides GPU-based cloud services for AI and other high-performance computing tasks. HIVE also holds a significant portion of the Bitcoin it mines as a long-term asset.
2. Bit Digital, Inc. (NASDAQ:BTBT)
Stock Upside Potential: 144.78%
Number of Hedge Fund Holders: 27
Bit Digital Inc. (NASDAQ:BTBT) is one of the best cryptocurrency stocks to buy for the long term. On November 17, analysts at H.C. Wainwright reiterated a Buy rating on Bit Digital Inc. (NASDAQ:BTBT) and set a $7 price target, impressed by the company’s third-quarter results. The company posted a 33% increase in revenue to $30.5 million, driven by growth in WhiteFiber business lines and increased revenue from ETH staking.
Nevertheless, the company reported a 27% decline in digital asset mining revenue to $7.4 million, primarily due to an increase in network difficulty and a decrease in the active hash rate. On the other hand, cloud services revenue increased 48% to $18 million as revenue from ETH staking increased 542% to $2.9 million.
The better-than-expected results follow Bit Digital’s strategic transition, as it seeks to become a pure-play Ethereum treasury and staking company. Consequently, it has adopted a disciplined ETH accumulation strategy and staking yield generation approach. The strategy has resulted in the number of ETH held increasing from 30,663 coins in June to 153,547 ETH coins, valued at $590.5 million as of the end of October.
“We remain highly constructive on the Ethereum future. The network continues to demonstrate expanding utility, deepening institutional adoption, and a maturing staking economy that provides sustainable on-chain yield. Our focus is on increasing ETH density thoughtfully and cost-effectively, deploying capital with discipline, maintaining balance sheet strength, and compounding value per share rather than chasing scale for its own sake,” Management said in a statement.
Bit Digital, Inc. (NASDAQ:BTBT) is a digital asset platform primarily focused on acquiring, holding, and staking Ethereum (ETH) as a long-term treasury strategy. It also offers cloud services for artificial intelligence (AI) applications. The company has significantly reduced its bitcoin mining operations to focus on its Ethereum staking infrastructure, which is one of the largest institutional setups globally.
1. Strategy Inc. (NASDAQ:MSTR)
Stock Upside Potential: 168.18%
Number of Hedge Fund Holders: 45
Strategy Inc. (NASDAQ:MSTR) is one of the best cryptocurrency stocks to buy for the long term. On November 17, TD Cowen analyst Lance Vitanza reiterated a Buy rating on Strategy Inc. (NASDAQ:MSTR) and a $535 price target. The positive stance follows the company’s successful IPO of Euro-denominated preferred stock.
The public offering, which exceeded expectations, ultimately raised €620 million. The capital injection strengthens the company’s financial position, as it is expected to use the financing to purchase additional bitcoin, thereby strengthening its treasury without diluting common equity.
According to the analyst, the strategic expansion into the European market and the expected increase in Bitcoin assets affirm the company’s growth potential. Likewise, on November 10, the company purchased 487 Bitcoins for $49.9 million at an average price of $102,557 per bitcoin. The purchase has increased the company’s total holdings to 641,692 bitcoin acquired at an average price of $74,079 a coin. In addition, innovative financial maneuvers and market positioning affirm why the stock is a Buy.
Strategy Inc. (NASDAQ:MSTR) is an enterprise software company that provides AI-powered business intelligence and analytics software. It is also the largest corporate owner of Bitcoin, having adopted it as its primary treasury reserve asset.
While we acknowledge the potential of MSTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSTR and that has 100x upside potential, check out our report about this cheapest AI stock.
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