In this article, we will discuss the 10 Crypto Stocks with Huge Upside Potential.
The implosion in the cryptocurrency sector over the past six months appears to have hit a bottom. A rebound from recent lows is gaining momentum, with the flagship cryptocurrency Bitcoin powering back above the $ 70,000-per-coin level.
“Essentially, the market was so heavily hedged for a crash that it left no room for anything but a vertical move higher once traditional and macro markets found a floor,” Shiliang Tang, the managing partner of Monarq Asset Management, said.
The rebound has arrived against a backdrop of factors that rarely move the market. Accumulation of institutional infrastructure in the background is fueling the bounce back from the bottom. Kraken becoming the first digital asset firm to receive a master account at the Federal Reserve underscores the sector’s transition into the mainstream.
The Intercontinental Exchange, which owns the New York Exchange, acquiring OKX exchanges is another development that has bolstered digital assets’ prospects in the mainstream financial sector.
“The inflow of investment that we’re seeing from Wall Street into crypto firms is a continuation of this long-term trend, which is driven by the fact that these firms have now proven they can generate revenues,” said Nic Puckrin, co-founder and CEO of Coin Bureau. “Wall Street wants a piece of that pie.”
Similarly, strategists at Morgan Stanley have touted the rapid rise of digital assets, including cryptocurrencies and stablecoin, to the center of global markets. Once dismissed as speculative novelties, the asset class has evolved into multi-trillion-dollar businesses.
Growing institutional interest is prompting regulators across the US, Europe and Asia to establish oversight frameworks. The development has also prompted investment banks like Morgan Stanley to offer clients exposure to the volatile assets.
“The digital asset trend has shifted from a focus solely on cryptocurrencies, like Bitcoin and Ethereum, to exploring the tokenization of all assets,” says Amy Oldenburg, Morgan Stanley Head of Digital Asset Strategy. “Our industry is now exploring how blockchain technology can deliver value in all areas of our business — while these themes have lead headlines, we are still in very early innings.”
Following a deep year-to-date pullback in cryptocurrency prices, many cryptocurrency stocks also came under pressure. However, with many counters trading at highly discounted levels, now would be the best time to take a closer look at some of the best crypto stocks with huge upside potential.
Our Methodology
To compile a list of crypto stocks with huge upside potential, we used stock screeners, ETFs, and financial media reports to shortlist companies with exposure to digital assets. From the list we settled on stocks that analysts believe have an upside potential of more than 50%. We also detailed the number of hedge funds that hold stakes in them in the fourth quarter of 2025. Finally we ranked the stocks in ascending order based on their upside potential.
Note: Stock Upside Potential Data is Based on Information as of March 14.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Crypto Stocks with Huge Upside Potential
10. Core Scientific, Inc. (NASDAQ:CORZ)
Stock Upside Potential: 59.98%
Number of Hedge Fund Holders: 76
Core Scientific Inc. (NASDAQ:CORZ) is one of the crypto stocks with huge upside potential. On March 9, Citizens reiterated a Market Outperform rating on Core Scientific Inc. and a $30 price target. Amid the positive stance, the research firm also revised its estimates for the company’s fourth-quarter 2025 results to reflect the lower contribution from Bitcoin mining.
The company is increasingly expanding its footprint in high-performance computing as it seeks to reduce its reliance on Bitcoin mining operations. Citizens views the transition to HPC business as a core driver of long-term value, as the company remains well-positioned to execute additional leases.
Core Scientific has already closed a $500 million loan facility with Morgan Stanley. The new credit line is poised to support the company’s strategic moves into the HPC business. The company has also completed the acquisition of a new site in Texas and the expansion of power capacity facilities in Georgia and Texas.
Core Scientific, Inc. is a leading provider of high-density data center infrastructure, specializing in hosting AI and high-performance computing (HPC) workloads. While historically a major Bitcoin miner, the company is pivoting to support AI cloud infrastructure, colocation, and digital asset mining across its purpose-built data centers
9. TeraWulf Inc. (NASDAQ:WULF)
Stock Upside Potential: 69.46%
Number of Hedge Fund Holders: 62
Terawulf Inc. (NASDAQ:WULF) is one of the crypto stocks with huge upside potential. On March 12, analysts at Keefe Bruyette & Woods reiterated an Outperform rating on Terawulf Inc. and cut the price target to $23 from $24.
Keefe Bruyette & Woods lowered their price target following Terawulf Inc.’s disappointing fourth-quarter 2025 results, which showed a 29% drop in revenue to $35.8 million, driven largely by reduced Bitcoin production. Digital revenue in the quarter dropped to $26.1 million from $43.4 million in the same quarter a year ago. The significant revenue drop was due to reduced mine output as the company continues to optimize its miner spacing for high-performance computing operations.
Nevertheless, Terawulf Inc.’s transition towards artificial intelligence and high-performance computing has been positively received. Keefe Bruyette & Woods has already raised revenue projections based on the company’s HPC lease delivery.
Cantor Fitzgerald has also raised its price target for the stock to $24 from $18, impressed by the company’s expansion in artificial intelligence. Compass Point also raised its price target of Terawulf to $28 from $17, buoyed by the company’s growth in HPC.
TeraWulf Inc. develops, owns, and operates sustainable, industrial-scale data centers for high-performance computing (HPC), artificial intelligence (AI), and cryptocurrency mining, primarily in the United States. The company uses zero-carbon energy sources, including nuclear and hydroelectric power, to provide environmentally friendly computing infrastructure.
8. Cipher Digital (NASDAQ:CIFR)
Stock Upside Potential: 79.14%
Number of Hedge Fund Holders: 43
Cipher Digital (NASDAQ:CIFR) is one of the crypto stocks with huge upside potential. On March 2, Cantor Fitzgerald reiterated an Overweight rating on Cipher Digital but cut the price target to $24 from $26.
The price target cut comes on the heels of Cipher Mining’s announcement of its transition from Bitcoin mining to high-performance computing. Even though the company is staring at significant loss in the near term, it is focusing on long-term growth through the strategic positioning around the artificial intelligence boom. Analysts anticipate a sales decline this year amid the transition.
Cantor Fitzgerald’s new price target reflects the reduced valuation of Bitcoin mining, while the Overweight rating affirms confidence in the company’s ability to capitalize on AI demand. On the other hand, the long-term outlook remains positive, with management reiterating progress on construction timelines for both the AWS and Fluidstack deals. The company expects rent for the facilities to begin in the second half of the year, with full rent across both sites by early next year.
Cipher Digital is a high-performance computing (HPC) data center developer and operator that specializes in industrial-scale infrastructure for Bitcoin mining and artificial intelligence (AI) computing.
7. Riot Platforms, Inc. (NASDAQ:RIOT)
Stock Upside Potential: 83.10%
Number of Hedge Fund Holders: 55
Riot Platforms, Inc (NASDAQ:RIOT) is one of the crypto stocks with huge upside potential. On March 3, analysts at Cantor Fitzgerald reiterated an Overweight rating on Riot Platforms, Inc, but cut the price target to $29 from $31.
The price target cut is in response to Riot Platform’s deteriorating Bitcoin position and mining economics. The deterioration comes as the company increasingly transitions from one that heavily relies on BTC revenues to a vertically integrated data center developer. Management has already reiterated that they had a transformational 2025 anchored by the Power First strategy.
Amid the transition from a Bitcoin miner to pursuing data center opportunities, Riot Platforms delivered solid fourth-quarter 2025 results, driven by its cryptocurrency holdings. During the quarter, the company mined 1,324 Bitcoin and reported $131.7 million mining revenue. Mining revenue in the quarter was up 7% year over year but down 18.1% sequentially due to lower BTC prices. The company also delivered record full-year revenue of $647.4 million.
Riot Platforms, Inc. is a leading vertically integrated Bitcoin mining and digital infrastructure company based in the U.S. It operates large-scale Bitcoin mining facilities in Texas and Kentucky, mines cryptocurrency (primarily Bitcoin), and manufactures electrical infrastructure equipment for data centers and industrial clients.
6. IREN Ltd (NASDAQ:IREN)
Stock Upside Potential: 92.85%
Number of Hedge Fund Holders: 46
IREN Ltd. (NASDAQ:IREN) is one of the crypto stocks with huge upside potential. On March 5, H.C Wainwright reiterated a Buy rating on IREN Ltd. and an $80 price target. The positive stance is in response to the company entering into an agreement to acquire more than 50,000 Nvidia B300 GPUs.
The new acquisition is poised to strengthen the company’s fleet to 150,000 GPUs as it continues to strengthen its cloud platform. The new GPUs are to be deployed across the company’s data centers in Mackenzie, British Columbia, and Childress, Texas, in phases.
In addition, the GPUs will position Iren among the largest AI cloud infrastructure providers as it pivots away from cryptocurrency mining toward an AI cloud business. The expanded fleet of GPUs could support an annualized run rate of over $3.7 billion by the end of the year.
The company is increasingly investing in its cloud computing business due to strong market demand. According to H.C Wainwright, investors should view the wave of investments as an important step towards de-risking in the 2026 outlook.
IREN Ltd is a technology company that operates high-performance, renewable energy-powered data centers specializing in Bitcoin mining and, increasingly, artificial intelligence (AI) cloud services. It provides infrastructure, including GPU-based computing, to support AI, machine learning, and high-performance computing (HPC) for large-scale clients.
5. CleanSpark, Inc. (NASDAQ:CLSK)
Stock Upside Potential: 101.45%
Number of Hedge Fund Holders: 32
CleanSpark Inc. is one of the crypto stocks with huge upside potential. On March 5, CleanSpark Inc. completed the acquisition of a second Texas campus, consequently adding 300 megawatts of ERCOT-approved capacity. With the acquisition, the company has increased its contracted power capacity of 1.8 gigawatts across leased sites.
The acquisition is part of the company’s strategic move as it increasingly develops artificial intelligence and high-performance computing initiatives. The company is increasingly diversifying its business footprint, which has relied on Bitcoin mining operations over the years.
In February, the company produced 568 Bitcoins with an average daily production of 20.29. During the month, the company sold 355 Bitcoin for total proceeds of $36.65 million. Year to date, CleanSpark has produced 1,141 Bitcoin. As of the end of February, the company held 13,363 Bitcoin. It also boasts a deployed fleet of 235,588 miners with a peak efficiency of 16.07 J/Th.
On the other hand, the company delivered disappointing first-quarter fiscal 2026 results, hurt by lower Bitcoin prices. Revenue came in at $181.2 million, missing the $194.05 million expected. It also posted an earnings-per-share loss of $1.35, compared with the $0.26 expected.
CleanSpark, Inc. is a Bitcoin mining company that develops and operates high-performance data centers, primarily focused on mining Bitcoin using low-cost, sustainable energy. It is pivoting toward a diversified infrastructure model that supports high-performance computing (HPC) and AI, leveraging its ~1.8 GW of contracted power capacity.
4. Strategy Inc (NASDAQ:MSTR)
Stock Upside Potential: 116.23%
Number of Hedge Fund Holders: 41
Strategy Inc. (NASDAQ:MSTR) is one of the crypto stocks with huge upside potential. On March 10, analysts at B.Riley initiated a Buy rating on Strategy Inc. with a $175 price target. According to the research firm, the stock remains well-positioned despite recent volatility in cryptocurrencies.
According to Fedor Shabalin, an analyst at the firm, Strategy Inc. is a standout name in the digital asset sector owing to the scale of its operations. In addition, the company boasts a robust capital structure and an established market position.
The company has remained resilient despite the broader digital asset sector coming under pressure, as Bitcoin imploded from record highs of $126,000 to around $69,000. The implosion has resulted in Strategy Inc. trading at about 1.2x mNAV, below its 2024 peak of 3.4x.
Despite the heightened volatility around digital assets, strategy is increasingly shifting toward preferred securities and diversified capital structure. The B.Riley analyst expects the company to navigate the current environment through a differentiated structure and disciplined approach to BTC accumulation.
Strategy Inc is a specialized Bitcoin treasury company and provider of enterprise analytics software. It acts as the world’s largest corporate holder of Bitcoin, using its balance sheet to accumulate BTC while developing cloud-native, AI-powered business intelligence (BI) tools and software. The company offers exposure to Bitcoin through its equity and serves customers globally.
3. BitFuFu Inc. (NASDAQ:FUFU)
Stock Upside Potential: 142.91%
Number of Hedge Fund Holders: 6
BitFuFu Inc. (NASDAQ:FUFU) is one of the crypto stocks with huge upside potential. On March 5, BitFuFu Inc. announced it produced 227 Bitcoin in February, down from 229 in January. The slight drop came as the company’s hash rate fell 11% month over month to 26.4 exahash per second, from 29.6 exahash per second in January.
As of the end of February, BitFuFu held 1,830 Bitcoins in its treasury, up 34 from January levels. The company also exited February with $40 million in cash and cash equivalents, including stablecoin holdings. BitFuFu also reduced outstanding borrowings on the $100 million line of credit to $15 million from $40 million as of September.
According to Chief Executive Officer Leo Lu, they continue to maintain a disciplined approach in hashrate procurement to preserve flexibility. The company’s cloud mining business continues to generate positive cash flow, helping it shrug off the softer Bitcoin mining environment. Flexibility across the market is one of the company’s key strategies as it explores ways to strengthen its balance sheet.
BitFuFu Inc. is a Bitcoin mining company that provides cloud mining, self-mining, and miner hosting services to retail and institutional customers. As a strategic partner of BITMAIN, it offers high-performance ASIC miners, rental, and hosting services to facilitate cryptocurrency mining, with over 636,000 users as of late 2025.
2. Bit Digital Inc. (NASDAQ:BTBT)
Stock Upside Potential: 193.21%
Number of Hedge Fund Holders: 18
Bit Digital Inc. (NASDAQ:BTBT) is one of the crypto stocks with huge upside potential. On March 5, Bit Digital Inc. announced it held about 155,434 Ethereum as of the end of February. The total value of ETH holdings was $305.4 million, based on an average price of $1,965.
The average price of the total Ethereum acquired as of the end of February stood at $3,045. The company also had 138,269 ETH, or 89% of its total ETH holding, staked. Staking operations generated about 313.9 ETH as of February with an annualized yield of 2.7%.
Noble Capital Markets analysts have reiterated an Outperform rating on Bit Digital Inc following the company’s February Ethereum, treasury, and staking data. The firm maintains a $5.50 price target on the stock, implying significant upside potential.
According to Noble Capital Markets, Bit Digital is well-positioned to capitalize on its digital treasury model, given its asset-light operating approach.
“The transformation into an Ethereum Treasury with a large ownership stake in WhiteFiber has positioned the company to capitalize on two new trends, in our view,” the analysts wrote.
Bit Digital Inc. is a strategic asset company that operates at the intersection of digital assets and high-performance computing (HPC). It focuses on Ethereum (ETH) staking, artificial intelligence (AI) cloud services, and Bitcoin mining. It also provides specialized infrastructure for AI, staking services, and maintains a large, liquid treasury of digital assets.
1. HIVE Digital Technologies Ltd. (NASDAQ:HIVE)
Stock Upside Potential: 209.89%
Number of Hedge Fund Holders: 14
HIVE Digital Technologies Ltd (NASDAQ:HIVE) is one of the crypto stocks with huge upside potential. On March 16, HIVE Digital Technologies Ltd announced a major expansion of its liquid‑cooled AI data center capacity in Canada, scaling from 4 MW to 16.6 MW through its BUZZ High Performance Computing unit and a partnership with Bell Canada AI Fabric.
The new British Columbia facility adds 5 MW immediately, with room to grow another 7.6 MW, while Manitoba continues at 4 MW with 504 GPUs already deployed. HIVE expects to roll out 4,000 AI‑optimized GPUs within six months, targeting $200 million in contracted annualized revenue by 2027.
At the same time, HIVE is winding down its ASIC‑based Bitcoin mining operations in Sweden, citing regulatory disputes and tax enforcement actions. The company is converting its 7 MW Boden site into a Tier‑III GPU cluster hub built on NVIDIA GB300 architecture, signaling a strategic pivot from traditional crypto mining toward high‑performance computing and AI workloads. Despite negative free cash flow over the past year, HIVE emphasized that no new capital expenditures are required for the expansion, underscoring its shift from volatile crypto hashrates to more stable GPU‑driven revenue streams.
On March 13, HIVE Digital Technologies Ltd. announced a strategic collaboration with AMC Robotics to advance next‑generation AI‑driven robotics and scalable infrastructure. AMC has already begun leveraging HIVE’s GPU cloud resources for development, testing, and deployment, with both companies exploring opportunities in AI optimization and data processing.
HIVE Digital Technologies Ltd. builds and operates green-energy-powered data centers to support Bitcoin mining and Artificial Intelligence (AI) High-Performance Computing (HPC). It is recognized as a leader in sustainable digital infrastructure, utilizing hydroelectric and geothermal power in countries like Canada, Sweden, and Paraguay.
While we acknowledge the potential of HIVE 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 HIVE and that has 100x upside potential, check out our report about this cheapest AI stock.
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