11 Best Bitcoin and Blockchain Stocks to Invest in

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7. Cipher Mining Inc. (NASDAQ:CIFR)

Number of Hedge Fund Holders: 40  

Analysts’ Upside Potential as of February 12: 53.64%

Cipher Mining Inc. (NASDAQ:CIFR) is among the Best Bitcoin Stocks.  

Cipher Mining Inc. (NASDAQ:CIFR) named Drew Armstrong as Head of Strategic Initiatives and Lee Bratcher as Head of Policy and Government Affairs on January 6, 2026. Bratcher provides industry experience in the Texas and federal energy regulatory sectors, having previously served as President and Founder of the Texas Blockchain Council. Armstrong joined the company after working as the Chairman, COO, and President of Cathedra Bitcoin.

Separately, Morgan Stanley analyst Stephen Byrd commenced coverage of Cipher Mining Inc. (NASDAQ:CIFR) with an Overweight rating and a price target of $38 on February 9, 2026.  The corporation sees significant potential and cites rising valuations for bitcoin-to-datacenter conversions. It also stated that hyperscalers’ recent capital expenditure reports reinforce the notion that computing demand will surpass supply.

The firm generated $72 million in revenue and $41 million in non-GAAP adjusted profitability in the previous quarter. It has secured a 15-year partnership with Amazon Web Services to build a campus data center for AI workloads. Furthermore, it launched a joint venture to develop a 1-gigawatt facility in West Texas, acquiring majority ownership.

Cipher Mining Inc. (NASDAQ:CIFR) is a US-based Bitcoin mining ecosystem. The company is working on a cryptocurrency venture.

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