Best crypto stocks to buy

Updated Aug 28, 2026 · 6 stocks tracked
In short — on crypto stocks (MicroStrategy, Coinbase, Bitcoin miners), the price follows the Bitcoin cycle, not fundamentals. An analyst target is therefore often a disguised BTC bet. Here we measure reliability on crypto only and alpha vs Bitcoin: which analyst did better than holding BTC — skill, not beta. Across 6 stocks tracked, 6 firms manage it.

🏆 Which analysts actually beat Bitcoin?

In short: positive alpha means the firm did better than simply holding BTC on its crypto targets, replayed over roughly two Bitcoin cycles. Negative alpha means buying Bitcoin and doing nothing would have paid more.
FirmCrypto hit rateAlpha vs BitcoinCalls
Benchmark100%+108%11
Canaccord Genuity61%+96%33
Needham73%+84%30
Chardan Capital75%+78%20
BTIG58%+73%12
TD Cowen67%+31%9

The crypto stocks list

In short: 6 listed stocks whose price depends on Bitcoin — BTC treasuries, exchanges and miners. The upside shown is the median target of reliable analysts, not the average of every opinion.
StockPriceMedian targetUpsideMaturityTargetsBest crypto analyst
Logo MARAMARA Marathon Digital $11.87$27+128%Jun 2, 2027
call of Jun 2, 2026
22 calls ›BTIG · +73% vs BTC
Logo CLSKCLSK CleanSpark $12.95$23+78%Aug 11, 2027
call of Aug 11, 2026
44 calls ›Chardan Capital · +78% vs BTC
Logo HUTHUT Hut 8 $87.13$150+72%Jul 23, 2027
call of Jul 23, 2026
46 calls ›Benchmark · +108% vs BTC
Logo MSTRMSTR Strategy $137$218+58%Jul 1, 2027
call of Jul 1, 2026
46 calls ›TD Cowen · +31% vs BTC
Logo RIOTRIOT Riot Platforms $20.88$32.5+56%Aug 12, 2027
call of Aug 12, 2026
44 calls ›Needham · +84% vs BTC
Logo COINCOIN Coinbase $191$283+48%Aug 1, 2027
call of Aug 1, 2026
86 calls ›Canaccord Genuity · +96% vs BTC
⚠️ Highly volatile and cyclical (they follow Bitcoin). Educational information, not investment advice. · Updated Aug 28, 2026

Where do these numbers come from?

In short: every price target an analyst publishes is recorded at its date, then compared to the actual price one year later. For the crypto sector the benchmark is not a sector ETF but Bitcoin itself (BTC-USD): it is the only way to separate skill from pure beta. Full method on the method page and results across 11 years of backtests.

Crypto stocks FAQ

What are the crypto stocks listed on the stock market?

The main crypto stocks are Marathon Digital (MARA), CleanSpark (CLSK), Hut 8 (HUT), Strategy (MSTR), Riot Platforms (RIOT), Coinbase (COIN). They fall into three families: leveraged Bitcoin treasuries (MicroStrategy), exchanges (Coinbase) and Bitcoin miners (Marathon, Riot, CleanSpark, Hut 8). The table above tracks them all, with price and median target.

What is the best crypto stock to buy now?

There is no single answer, and nobody honest will give you one. What we can do is sort on facts: the upside analysts advertise AND the proven reliability of whoever advertises it. A target from a firm that has never beaten Bitcoin is not worth the same as one from a firm with positive alpha. The table shows both columns side by side.

Is an analyst target on a crypto stock reliable?

Not automatically. Many analysts who are "good on tech" are wrong on crypto names, because predicting a Bitcoin vehicle is a different game. That's why here we measure reliability on crypto ONLY, and look at alpha VS Bitcoin: did the analyst do better than simply holding BTC? That's real skill.

How do I know which analyst is right on crypto?

We replay all their past price targets on these names against real prices, over roughly two Bitcoin cycles, and compare their performance to Bitcoin itself. Those with positive alpha vs BTC genuinely added value beyond the directional bet. On our data, 6 firms manage it.

Do Bitcoin mining stocks follow the BTC price?

Very largely, yes — and usually amplified. A miner earns its revenue in bitcoin: when BTC rises its margin explodes, when BTC falls the margin collapses. That is why these names move harder than Bitcoin itself, in both directions. Their fundamentals matter most around "halvings", which cut the block reward in half.

Should I buy crypto stocks now?

This is not investment advice. These names are very volatile and cyclical: the same stock has gone +391% one year and −86% another. Before any decision, check where the Bitcoin cycle stands and cross-check with the real reliability of the analysts covering it. We give you the numbers, you decide.

JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)