7 Best Blockchain Stocks to Buy Right Now

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

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is among the 7 best blockchain stocks to buy right now.

As of March 30, 2026, 88% of covering analysts remain bullish on HIVE Digital Technologies Ltd. (NASDAQ:HIVE), indicating robust analyst sentiment. Meanwhile, the $5.50 consensus price target implies over 200% upside potential.

The recent analyst update came from Keefe, Bruyette & Woods on March 19, 2026.

Stephen Glagola of Keefe, Bruyette & Woods reduced the price target to $3.00 from $3.50, while keeping a “Market Perform” rating on HIVE Digital Technologies Ltd. (NASDAQ:HIVE). He stated that the New Brunswick colocation lease remains the primary upside catalyst. However, the analyst added that visibility remains limited, prompting the target reduction.

Meanwhile, four days earlier, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) announced the 4x expansion of its liquid-cooled AI data center capacity, bringing the existing 4 megawatts in Manitoba to 16.6 MW of critical IT load across two Canadian provinces.

According to HIVE Digital Technologies Ltd. (NASDAQ:HIVE), deposits made in 2025 already cover the growth pipeline, so no additional capital expenditures are required to secure this expanded colocation capacity. With a target of 75% HPC EBITDA on new long-term GPU contracts, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) expects to generate $200 million in contracted annualized run-rate revenue by March 31, 2027, and 4,000 GPUs under contracted revenue within six months.

CEO Aydin Kilic emphasized HIVE Digital Technologies Ltd. (NASDAQ:HIVE) secured infrastructure and robust demand to support faster AI cloud growth.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) leverages green energy to power data centers and cryptocurrency mining facilities. The company is also expanding GPU-based AI computing infrastructure to serve enterprise workloads across blockchain, AI, and high-performance computing markets.

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 the cheapest AI stock.

Click to continue reading and see the 5 best blockchain stocks to buy right now.

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