11 Most Promising Blockchain Stocks According to Analysts

Published on December 18, 2023 at 6:04 am by Ramish Cheema in Hedge Funds, News

In this piece, we will take a look at the 11 most promising blockchain stocks according to analysts. If you want to skip our overview of the blockchain industry, its different use cases, and the latest news, then you can take a look at the 5 Most Promising Blockchain Stocks According to Analysts.

The growth in computing power coupled with the migration of both regular people and corporations to the virtual and digital realm has created industries of its own. For instance, enterprise resource planning (ERP) spearheaded by firms such as Oracle Corporation (NYSE:ORCL) has enabled companies to streamline their production processes, supply chain management, inventory management, and other operations. Similarly, services offered by firms like Intuit Inc. (NASDAQ:INTU) enable small and large businesses to manage their finances and ensure accuracy and security.

Another industry that has spawned due to the growth in global computing power is the blockchain industry. A blockchain, for those out of the loop, is a collection of computers linked over a network. These computers act as a repository of records, and each time a record is updated, the change is reflected across all computers. This provides network security, as even if one or several nodes are out of order, the data is not lost. Blockchains are often thought of synonymously with Bitcoin, which is unsurprising. Blockchains surfaced along with Bitcoin, as they are a store of records for the work a miner has done to earn a Bitcoin.

With time, non cryptocurrency use cases for blockchains have also started to gain popularity. This lends the industry a sizeable value, especially when it comes to improving business processes to increase economic productivity. For instance, according to data from the consulting firm PwC, blockchains carry the potential to improve economic productivity by a cool $1.76 trillion by 2030. According to PwC’s research, there are five key industries that stand to benefit the most from the widespread acceptance and application of blockchains. These are supply chain management, financial services, identity management, contracts and dispute resolution, and customer engagement. Within these, supply chain management alone can yield as much as $962 billion in benefits, to account for more than half of the productivity gains. This is because, within supply chains, there is an important area called track and trace. This involves tracking the product from the source of its raw materials to the consumer’s hand and then tracing these steps backward. As a result, a distributed ledger proves to be invaluable as it enables firms to store each stage of their product’s journey with little error.

Shifting gears to focus on the current trends in the blockchain industry, 2023 is a markedly different environment for the sector. 2022 was a shocking year for both the Bitcoin bulls and the blockchain industry as investors were in no mood for either risky and high growth industries or speculative investment vehicles such as Bitcoin. Now, with the Federal Reserve’s interest rate hiking cycle expected to end soon, the climate and investor mood is shifting. As an example, consider blockchain-based lending. A subcomponent of the finance industry, blockchain based lending sees debtors store their profile on a blockchain to enable creditors to easily evaluate their applications and hopefully improve them.

So, how is this climate shifting? Well, according to data from RWA.xyz, active tokenized credit loans currently sit at $582 million marking a 128% annual growth. The APR for these loans sits at 9.63%, with the data showing that perhaps a high interest rate environment is making borrowers seek alternative sources for loans. Sector wise, consumer and auto loans account for 66% of the total loan pie.

The changed market climate in 2023, which has seen Bitcoin gain 147% year to date, has also brought blockchain on the radar of the investment bank The Goldman Sachs Group, Inc. (NYSE:GS). In an interview with Reuters, the bank’s global head of digital assets, Mathew McDermott, shared that the demand for digital financial assets based on the blockchain will significantly rise in the future. While typically these assets are cryptocurrencies, according to McDermott, there is a sizeable demand for other digital assets such as bonds that trade on the blockchain.

This talk comes as the tail end of 2023 is seeing significant interest among investors for a Bitcoin exchange traded fund (ETF) that enables stock market participants to trade in the cryptocurrency. Some analysts are quite optimistic about this ETF, and to learn more, you can read 10 Best Bitcoin Stocks To Invest In.

With these details in mind, let’s take a look at all the blockchain stocks that have potential according to analysts. Some notable names are Cipher Mining Inc. (NASDAQ:CIFR), Applied Digital Corporation (NASDAQ:APLD), and Canaan Inc. (NASDAQ:CAN).

Velas CEO and Founder Alex Alexandrov. Solving the public blockchain trilemma. Image source: Velas Official YouTube.

Our Methodology

To make our list of the most promising blockchain stocks according to analysts, we ranked the constituents of the Global X Blockchain ETF by the percentage average share price upside. Out of these, the stocks with the highest upside were chosen.

Most Promising Blockchain Stocks According to Analysts

11. CleanSpark, Inc. (NASDAQ:CLSK)

Latest Analyst Share Price Upside: 11.56%

CleanSpark, Inc. (NASDAQ:CLSK) is an American Bitcoin mining company headquartered in Henderson, Nevada. When compared to several other blockchain and Bitcoin stocks on our list, it has held the financial fort as of late by having beaten analyst EPS estimates in three out of its four latest quarters.

During Q3 2023, 11 out of the 910 hedge funds surveyed by Insider Monkey had invested in CleanSpark, Inc. (NASDAQ:CLSK). Jim Simons’ Renaissance Technologies was the biggest shareholder through its $7.3 million stake.

Just like Cipher Mining Inc. (NASDAQ:CIFR), Applied Digital Corporation (NASDAQ:APLD), and Canaan Inc. (NASDAQ:CAN), is a promising blockchain stock through its analyst estimates.

10. Bitfarms Ltd. (NASDAQ:BITF)

Latest Analyst Share Price Upside: 12.12%

Bitfarms Ltd. (NASDAQ:BITF) is a Canadian company, headquartered in Toronto, Ontario. The firm mines cryptocurrencies and it operates server farms that deal with blockchain transactions. It capitalized on the shifting sentiment around cryptocurrency in November 2023 when it successfully completed a private equity placement to raise capital to expand its operations.

By the end of this year’s third quarter, five out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Bitfarms Ltd. (NASDAQ:BITF). Israel Englander’s Millennium Management was the firm’s largest shareholder as it owned $2 million worth of shares.

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

Latest Analyst Share Price Upside: 13.8%

Riot Platforms, Inc. (NASDAQ:RIOT) is an American Bitcoin mining company headquartered in Castle Rock, Colorado. It is one of the most highly rated stocks on our list, since while the firm has missed analyst estimates in three out of its four latest quarters, the shares are rated Strong Buy on average. Analysts have set an average share price target of $17.79.

During 2023’s September quarter, 17 out of the 910 hedge funds covered by Insider Monkey’s research were the firm’s investors. Riot Platforms, Inc. (NASDAQ:RIOT)’s biggest investor among these was Israel Englander’s Millennium Management due to its $18.7 million stake.

8. NVIDIA Corporation (NASDAQ:NVDA)

Latest Analyst Share Price Upside: 20.2%

NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor company that designs and sells graphics processing units. Its products are at the heart of blockchain since they power up systems that operate the technology. The firm’s shares have been on a tear this year by having posted 241% in year to date gains.

As of this year’s September quarter, out of the 910 hedge funds profiled by Insider Monkey, 180 had invested in NVIDIA Corporation (NASDAQ:NVDA). Rajiv Jain’s GQG Partners was the firm’s largest hedge fund investor courtesy of its $6.1 billion investment.

7. HIVE Digital Technologies Ltd. (NASDAQ:HIVE)

Latest Analyst Share Price Upside: 29.6%

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is a Canadian cryptocurrency miner and data center infrastructure provider. The firm expanded its efforts to target the growing A.I. industry in December 2023 through buying high powered GPUs.

Insider Monkey dug through 910 hedge funds for their third quarter of 2023 shareholdings and found that 180 were HIVE Digital Technologies Ltd. (NASDAQ:HIVE)’s investors.

6. Bit Digital, Inc. (NASDAQ:BTBT)

Latest Analyst Share Price Upside: 39.6%

Bit Digital, Inc. (NASDAQ:BTBT) is an American company headquartered in New York City. The firm enables cryptocurrency holders to earn a profit in a process called staking and it also mines cryptocurrencies. Capitalizing on the surge in Bitcoin prices this year, Bit Digital, Inc. (NASDAQ:BTBT) announced in December that its November 2023 Bitcoin production marked a 24% sequential growth.

For their shareholdings during this year’s September quarter, four out of the 910 hedge funds part of Insider Monkey’s database had bought Bit Digital, Inc. (NASDAQ:BTBT)’s shares. The firm’s biggest shareholder among these is John Overdeck and David Siegel’s Two Sigma Advisors since it owns 68,300 shares that are worth $146,162.

Cipher Mining Inc. (NASDAQ:CIFR), Bit Digital, Inc. (NASDAQ:BTBT), Applied Digital Corporation (NASDAQ:APLD), and Canaan Inc. (NASDAQ:CAN) are some promising blockchain stocks according to analysts.

Click here to continue reading and check out 5 Most Promising Blockchain Stocks According to Analysts.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up