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. (NASDAQ:CORZ) 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. (NASDAQ:CORZ) 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. (NASDAQ:WULF) 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. (NASDAQ:WULF) 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 (NASDAQ:CIFR) 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 (NASDAQ:CIFR) 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 (NASDAQ:RIOT), 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. (NASDAQ:RIOT) 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. (NASDAQ:IREN) 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 (NASDAQ:IREN) 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.
While we acknowledge the potential of IREN 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 IREN and that has 100x upside potential, check out our report about the cheapest AI stock.
Click to continue reading and see the 5 Crypto Stocks with Huge Upside Potential.
Disclosure: None. Follow Insider Monkey on Google News.
