In this article, we will list the 5 Best Cryptocurrency Stocks to Buy Right Now. Please visit 10 Best Cryptocurrency Stocks to Buy Right Now if you would like to see the extended list and the methodology behind it.
5. CleanSpark Inc (NASDAQ:CLSK)
Stock Upside Potential: 58.73%
Number of Hedge Fund Holders: 32
CleanSpark Inc (NASDAQ:CLSK) is among the best cryptocurrency stocks to buy right now. CleanSpark Inc (NASDAQ:CLSK) continues to build its Bitcoin treasury as it also develops its data center business.
On April 7, CleanSpark announced that it mined 658 Bitcoin during the month of March 2026. It produced an average of 21.24 Bitcoin each day during that month. In Q1 2026, the company produced a total of 1,799 Bitcoin. That brought its entire Bitcoin holding to 13,561 Bitcoin at the end of March.
CleanSpark is expanding beyond its flagship Bitcoin mining business into data center services. On March 5, the company announced that it had closed the acquisition of its second data center campus in Texas. It said the acquisition added 300 megawatts of power capacity, expanding its infrastructure portfolio and strengthening its position in the Texas power market. With the second site acquisition in Texas, CleanSpark’s contracted power capacity increased to 1.8 gigawatts. The company said it used 808 megawatts of its infrastructure capacity to support its Bitcoin mining operations.
During the release of CleanSpark’s December quarter results on February 5, CEO Matt Schultz explained how the company’s Bitcoin mining and data center operations feed each other. The Bitcoin mining business generates cash flow, and the company uses this cash flow to develop its infrastructure capacity.
As the infrastructure expands, the company can scale its Bitcoin operation. At the same time, the company can support more AI and cloud computing workloads and monetize its infrastructure over the long term.
CleanSpark Inc (NASDAQ:CLSK) is engaged in Bitcoin mining and a large-scale digital infrastructure business. The company develops and operates industrial-scale data centers to support both its own crypto mining activities and host AI and cloud computing workloads for clients. CleanSpark, based in Nevada, favors the use of clean energy in its operations.
4. Bitmine Immersion Technologies Inc (NYSE:BMNR)
Stock Upside Potential: 69.67%
Number of Hedge Fund Holders: 28
Bitmine Immersion Technologies Inc (NYSE:BMNR) is among the best cryptocurrency stocks to buy right now. The shares have soared more than 175% over the past 12 months.
Bitmine Immersion Technologies Inc (NYSE:BMNR) recently hit a milestone in its Ethereum accumulation efforts. On April 20, the company announced that its Ethereum holdings have reached 4.976 million tokens. It said that represented 4.12% of the total Ethereum supply of 120.7 million tokens. The company’s ultimate goal is to hold 5% of the entire Ethereum supply.
At this point already, Bitmine says it has the largest Ethereum treasury in the world. Bitmine believes Ethereum is the wartime store of value, noting that the crypto far outperformed the S&P 500 and gold during the Iran war. Bitmine board chairman, Thomas Lee, pointed out on April 13 adoption of agentic AI systems and Wall Street tokenizing on the blockchain provide dual tailwinds for Ethereum.
Bitmine has about 67% of its Ethereum holdings staked to earn rewards. In addition to Ethereum, Bitmine owns other crypto assets, including 199 Bitcoin. It also owns a $200 million stake in Beast Industries and a $85 million stake in Eightco Holdings. Eightco itself has a large crypto treasury, including 11,068 Ethereum and 283 million Worldcoin (WLD) tokens. It also owns $118 million in cash and stablecoins and $90 million in OpenAI equity.
Bitmine Immersion Technologies Inc (NYSE:BMNR) runs Bitcoin mining and Ethereum staking operations. The company has identified Ethereum as its main treasury reserve asset, so it aims to accumulate 5% of all Ethereum supply. Bitmine has also built a dedicated staking platform to earn rewards on its digital assets.
3. Strategy Inc (NASDAQ:MSTR)
Stock Upside Potential: 68.90%
Number of Hedge Fund Holders: 41
Strategy Inc (NASDAQ:MSTR) is among the best cryptocurrency stocks to buy right now. The stock has gained around 28% over the past month.
On April 21, Strategy Inc (NASDAQ:MSTR) disclosed in regulatory filings that it recently purchased $2.54 billion worth of Bitcoin. This purchase was made in the week ending April 19, according to the SEC filing, and it marked the company’s largest Bitcoin acquisition since November 2024.
In the latest purchase, Strategy added 34,164 Bitcoin to its digital asset treasury. It purchased each Bitcoin at an average price of $74,395, including fees and expenses. With this purchase, the company boosted its crypto treasury holding to 815,061 Bitcoin, with $61.56 billion in aggregate purchase price.
Strategy sold various securities in order to fund its latest Bitcoin purchases. It sold around 22 million shares of its STRC stock for $2.2 billion, and sold 2.2 million shares of its MSTR stock for $366 million.
The company has more than $30 billion worth of securities available for potential future sales for fundraising under its at-the-market offering program.
In other news, Cantor Fitzgerald applauded Strategy’s plan to change the schedule of its preferred equity dividend. On April 20, Cantor reiterated its Overweight rating on Strategy Inc (NASDAQ:MSTR), with analyst Ramsey El-Assal commenting positively on the planned dividend schedule change.
Strategy has proposed to pay dividends on its STRC preferred stock on a semi-monthly schedule instead of the current monthly schedule. This change is expected to help reduce volatility in Strategy’s MSTR common stock. Shareholders are scheduled to vote on this proposal on June 8.
Strategy Inc (NASDAQ:MSTR), based in Virginia, is a software services and Bitcoin treasury company. It provides AI-powered business intelligence software to enterprise customers. Its digital assets unit buys and accumulates Bitcoin as a treasury asset.
2. Hive Digital Technologies (NASDAQ:HIVE)
Stock Upside Potential: 140.19%
Number of Hedge Fund Holders: 14
Hive Digital Technologies (NASDAQ:HIVE) is among the best cryptocurrency stocks to buy right now. The stock has gained around 30% over the past month.
Hive Digital Technologies (NASDAQ:HIVE) announced on April 21 that it recently raised $115 million through a private offering of exchangeable notes due 2031. Hive Digital said the notes were offered to qualified institutional investors at 0% interest rate.
Hive Digital estimates its net proceeds from the offering to be $109.5 million, after deducting offering expenses and commissions.
Hive Digital’s executive chairman, Frank Holmes, said the company was pleased by the outcome of the offering. Holmes further stated that the strong demand for the offering led to an upsized deal while maintaining the zero-interest rate.
Hive Digital initially sought to raise $75 million through the private offering. Solid demand for the offering saw it raise the deal to $100 million and grant the purchasers the option to purchase an additional $15 million worth of notes.
According to Hive Digital CEO Aydin Kilic, the exchangeable notes offering brings a new class of institutional investors to Hive Digital. Kilic added that the zero-coupon rate on the notes indicate investor confidence in the management’s ability to deliver the expected returns.
Moreover, the executive pointed out that the offering provides Hive Digital with low-cost capital to continue its data center infrastructure expansion to support digital currency mining, AI, and cloud applications. Digital currency mining operations accounted for more than 90% of Hive Digital’s total revenue in the December quarter.
Hive Digital Technologies (NASDAQ:HIVE) builds and operates data centers to support Bitcoin mining and high-performance computing. It uses renewable energy from hydroelectric and geothermal sources to power its data center infrastructure. Hive Digital Technologies operates data centers in Canada, Sweden, and Paraguay.
1. Bit Digital, Inc (NASDAQ:BTBT)
Stock Upside Potential: 188.86%
Number of Hedge Fund Holders: 18
Bit Digital, Inc (NASDAQ:BTBT) is among the best cryptocurrency stocks to buy right now. Bit Digital, Inc (NASDAQ:BTBT) continues to build its Ethereum business as it transitions away from Bitcoin mining operations. On April 7, the company announced that its Ethereum treasury holding stood at around 155,444.4 ETH at the end of March 2026. In dollar terms, the company said its Ethereum holding was worth $327 million. Bit Digital had 62% of its Ethereum holdings staked.
On April 2, H.C. Wainwright reiterated a Buy rating on Bit Digital, Inc (NASDAQ:BTBT) stock with a price target of $7. The firm noted Bit Digital’s fiscal 2025 results and digital asset strategy for its renewed bullish view on the stock. Bit Digital is winding down its Bitcoin mining operations as it expands its Ethereum staking business and AI infrastructure service.
In fiscal 2025, Bit Digital’s revenue jumped 5% to $113.6 million. The company said the revenue increase was supported by growth in Ethereum staking and cloud service businesses. It further said the topline growth was partially offset by a 53% decline in digital asset mining revenue. This decrease was due to the company’s continuing wind-down of its Bitcoin business line.
Bit Digital’s Ethereum staking revenue jumped 287%, and cloud services revenue increased 50%. Colocation services revenue rose 555%.
Bit Digital, Inc (NASDAQ:BTBT) is a US digital assets and infrastructure company. Its digital assets unit focuses on acquiring, holding, and staking Ethereum. The infrastructure division provides data center services to support AI and high-performance computing services. Bit Digital has a majority stake in AI infrastructure provider WhiteFiber.
While we acknowledge the potential of BTBT 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 BTBT and that has 100x upside potential, check out our report about the cheapest AI stock.
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