In this piece, we will discuss the 7 Best Blockchain Stocks to Buy Right Now.
As Reuters reported on March 30, 2026, the relevance of blockchain is spreading beyond the domain of mere trading and speculation, with blockchain analytics firm Chainalysis showing that groups linked to Russia and Iran are increasingly using cryptocurrency to fund the purchase of low-cost military drones and their components.
According to the report, pro-Russia groups have been able to raise more than $8.3 million in cryptocurrency donations since Russia’s invasion of Ukraine in 2022, with blockchain researchers tracing transactions ranging from $2,200 to $3,500 that matched specific drone items sold through e-commerce sites.
As Chainalysis’s Andrew Fierman stated, blockchain can help trace counterparties and provide insight into the intentions behind their purchases.
On the other hand, on March 24, 2026, Reuters revealed that the New York Stock Exchange, which is part of Intercontinental Exchange, has partnered with Securitize to assist in the creation of token versions of traditional securities.
As per the collaboration, Securitize would be the first digital transfer agent to be eligible to create blockchain-based versions of the securities on the upcoming digital trading platform affiliated with the NYSE. As stated by NYSE President Lynn Martin, the infrastructure being developed must continue to provide the trust, transparency, and protections that investors expect, showing that blockchain is being seen not just as a means of tracing the flow of assets but also as a means of changing the capital markets themselves.
With this background in mind, we will now move to our list of the 7 best blockchain stocks to buy right now.
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Methodology
To curate our list of the best blockchain stocks to buy right now, we relied on the screener and financial media to identify companies tied to blockchain technology. Next, we assessed hedge fund sentiment for each stock, ranking them in ascending order by the number of hedge funds holding bullish positions in the respective companies as of Q4 2025.
Note: Data was extracted as of March 30, 2026.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that 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).
7. Canaan Inc. (NASDAQ:CAN)
Canaan Inc. (NASDAQ:CAN) is included in our list of the 7 best blockchain stocks to buy right now.
As of March 30, 2026, 86% of covering analysts maintain “Buy” ratings for Canaan Inc. (NASDAQ:CAN), signaling positive analyst sentiment. A 408.52% upside potential is implied by the consensus price target of $2.00.
On March 10, 2026, Canaan Inc. (NASDAQ:CAN) disclosed the company’s unaudited February 2026 bitcoin mining update, highlighting the ongoing expansion of its energy-integrated mining technology.
Canaan Inc. (NASDAQ:CAN) reported that it mined 86 bitcoin during the month and ended February with a record treasury of 1,793 BTC and 3,952 ETH, valued at almost $128 million, adjusted for digital assets held by its joint venture. While non-JV operating hashrate was 6.90 EH/s, Canaan Inc. (NASDAQ:CAN)’s deployed hashrate was 14.75 EH/s, including 4.4 EH/s linked to its 49% share in the Alborz, Bear, and Chief Mountain data centers. Additionally, the average all-in electricity cost recorded was $0.044/kWh.
According to CEO Nangeng Zhang, the outcomes show that Canaan Inc. (NASDAQ:CAN)’s energy-focused strategy and U.S. expansion are advancing. The company’s expanding digital asset reserves continue to bolster the balance sheet, he added.
Moreover, Canaan Inc. (NASDAQ:CAN) added 120 MW of power capacity at an average cost of less than $0.03/kWh to its current installed North American capacity of 98.4 MW as part of its recent West Texas expansion.
Canaan Inc. (NASDAQ:CAN) focuses on the development and sale of Bitcoin mining machines and related services. At the same time, the company is expanding its global mining operations and energy integration strategy by growing its focus on efficient and environmentally conscious cryptocurrency mining infrastructure.
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.
5. MARA Holdings, Inc. (NASDAQ:MARA)
MARA Holdings, Inc. (NASDAQ:MARA) earns a spot on our list of the 7 best blockchain stocks to buy right now.
As of March 30, 2026, 60% of covering analysts keep a “Buy” rating for MARA Holdings, Inc. (NASDAQ:MARA), indicating that analyst sentiment on the stock remains bullish. A 53.65% upside potential is implied by the consensus price target of $12.00.
Meanwhile, MARA Holdings, Inc. (NASDAQ:MARA) announced on March 26, 2026, that it has agreed to repurchase approximately $1.00 billion worth of convertible notes at a discount. This included around $367.5 million of its 2030 Notes for approximately $322.9 million in cash and roughly $633.4 million of its 2031 Notes for approximately $589.9 million.
According to MARA Holdings, Inc. (NASDAQ:MARA), the move is expected to reduce the company’s outstanding convertible debt by over 30%, capture approximately $88.1 million in value through cash savings prior to transaction costs, and significantly limit potential future dilution related to the notes’ conversion features.
Between March 4 and March 25, 2026, MARA Holdings, Inc. (NASDAQ:MARA) sold 15,133 bitcoin, which yielded roughly $1.1 billion to finance the company’s buyback plan.
According to CEO Fred Thiel, the overall move improves financial flexibility and helps MARA Holdings, Inc. (NASDAQ:MARA) advance beyond bitcoin mining into digital energy and AI/HPC infrastructure.
MARA Holdings, Inc. (NASDAQ:MARA), a digital asset technology company, engages in Bitcoin mining. The company operates data centers, develops mining software, and generates energy from renewable sources and methane capture.
4. Cipher Digital Inc. (NASDAQ:CIFR)
Cipher Digital Inc. (NASDAQ:CIFR) earns a spot on our list of the 7 best blockchain stocks to buy right now.
As of March 30, 2026, all analysts remain bullish on Cipher Digital Inc. (NASDAQ:CIFR), while the consensus price target of $27.00 implies 114.29% upside potential.
Following the meeting with CEO Tyler Page and CFO Greg Mumford at an event in New York City, Rosenblatt Securities reaffirmed its “Buy” rating and $24.00 price target on Cipher Digital Inc. (NASDAQ:CIFR) on March 19, 2026.
Despite advancements in building HPC data centers and obtaining capital expenditure finance, the investment firm noted that Cipher Digital Inc. (NASDAQ:CIFR) shares have lagged behind peers, citing a potential new hyperscaler deal as a near-term driver. According to Rosenblatt, the current share price presents a compelling opportunity for investors to boost their exposure to the HPC buildout.
Previously, Keefe Bruyette reduced its price target for Cipher Digital Inc. (NASDAQ:CIFR) from $22 to $20 on March 11, 2026, while keeping its “Outperform” rating. Although the firm stated that the market may be undervaluing Cipher Digital Inc. (NASDAQ:CIFR)’s 2026 leasing potential, it lowered its revenue and EBITDA estimates for 2026 and 2027 to reflect lower hash prices, an anticipated departure from bitcoin mining in 2027, and higher spending levels.
Cipher Digital Inc. (NASDAQ:CIFR) focuses on developing industrial-scale data centers dedicated to high-performance computing and digital asset workloads. The company leverages expertise in power sourcing, engineering, and infrastructure to provide capacity for hyperscale computing demand.
3. Riot Platforms, Inc. (NASDAQ:RIOT)
Riot Platforms, Inc. (NASDAQ:RIOT) earns a spot on our list of the 7 best blockchain stocks to buy right now.
As of March 30, 2026, all covering analysts hold “Buy” ratings for Riot Platforms, Inc. (NASDAQ:RIOT), reflecting broader analyst bullishness. Meanwhile, a 114.26% upside potential is implied by the consensus price target of $26.00.
On March 18, 2026, Citi maintained the “Buy” rating on Riot Platforms, Inc. (NASDAQ:RIOT) but lowered its price target from $23 to $21. After reducing its base-case bitcoin forecast to $112,000 from $143,000, the firm noted that the legislative momentum behind the CLARITY Act appeared to have slowed. Furthermore, the investment firm lowered its forecasts across digital asset stocks.
Previously, on March 2, 2026, Riot Platforms, Inc. (NASDAQ:RIOT) revealed record full-year 2025 revenue of $647.40 million, which was up from $376.70 million in 2024. This increase was mostly due to a rise in bitcoin mining revenue from $321.00 million to $576.30 million. Accordingly, gross profit reached $302.00 million, with engineering revenue growing from $38.50 million to $64.70 million. Riot said its initial AMD leasing arrangement began generating revenue in January 2026, while creating 5,686 bitcoin. The company finished the year with nearly $1.90 billion in liquidity.
Riot Platforms, Inc. (NASDAQ:RIOT), a Bitcoin mining company, operates large-scale mining facilities and designs power distribution and electrical systems through its Engineering segments.
2. TeraWulf Inc. (NASDAQ:WULF)
TeraWulf Inc. (NASDAQ:WULF) is among the 7 best blockchain stocks to buy right now.
As of March 30, 2026, 100% of covering analysts have maintained “Buy” ratings for TeraWulf Inc. (NASDAQ:WULF), with the consensus price target of $23.25 indicating a 64.02% upside.
On March 19, 2026, following a meeting with business executives in New York City earlier that week, Rosenblatt Securities reaffirmed a “Buy” rating and a $23.00 price target, adding to the ongoing optimism toward TeraWulf Inc. (NASDAQ:WULF).
TeraWulf Inc. (NASDAQ:WULF) has already signed its first HPC contract with Core42 and doubled its power footprint in under six months, according to the firm, bolstering confidence in management’s ability to execute even though additional HPC contracts for the new capacity are still likely a few months away.
TeraWulf Inc. (NASDAQ:WULF) reported full-year 2025 revenue of $168.5 million and a non-GAAP adjusted EBITDA loss of $23.1 million last month. The company’s continuous transition to AI and HPC infrastructure was evident in the fourth quarter, when digital asset sales dropped to $26.1 million from $43.4 million, but HPC lease revenue rose to $9.7 million from $7.2 million.
TeraWulf Inc. (NASDAQ:WULF) operates and owns data center infrastructure specifically designed for high-performance computing and Bitcoin mining. It primarily leverages environmentally sustainable and zero-carbon energy sources, such as hydroelectric and nuclear power, to power its Bitcoin mining and other operations.
1. Coinbase Global, Inc. (NASDAQ:COIN)
Coinbase Global, Inc. (NASDAQ:COIN) earns a spot on our list of the 7 best blockchain stocks to buy right now.
On March 30, 2026, Bernstein maintained its “Outperform” rating but reduced its price target on Coinbase Global, Inc. (NASDAQ:COIN) from $440 to $330. According to Bernstein, steep discounts across crypto-linked stocks are being driven by a combination of geopolitical tension and only modestly positive industry sentiment.
The investment firm noted that the cryptocurrency group still provides exposure to trillion-dollar industries with substantial long-term growth potential despite the short-term setback, adding that it expects cryptocurrency stocks to bottom around weak Q1 earnings.
This longer-term outlook comes only days after Reuters revealed on March 26, 2026, that Coinbase Global, Inc. (NASDAQ:COIN) and Better Home & Finance had teamed to allow homebuyers to use bitcoin or USDC stored in Coinbase accounts as collateral for loans covering down payments. With no margin calls in the event that collateral prices decline, the framework enables users to avoid selling cryptocurrency, which is another step toward greater practical utility for digital assets.
Coinbase Global, Inc. (NASDAQ:COIN) delivers a trusted platform that provides a compliant on-ramp to the onchain economy, enabling users to engage in various activities with their crypto assets across proprietary and third-party product experiences.
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