Top 10 crypto stocks to watch in 2026

Bitcoin mining, crypto exchanges, and consumer fintech with crypto built in – these ten companies earn from digital assets through entirely different means. Riot Platforms ($RIOT) and CleanSpark ($CLSK) run industrial-scale operations that validate bitcoin transactions, while Strategy ($MSTR) takes the treasury approach, holding bitcoin as a balance sheet asset rather than generating revenue from crypto services.

How we built this list: We selected these companies based on their industry and ordered them by market capitalisation. Prices are updated daily, and the list and supporting content are reviewed roughly every quarter. All data is sourced from Stake. This list isn't a recommendation and isn't ordered by suitability.

Past performance is not a reliable indicator of future performance.

Source: Stake market data. Figures in US$. Data updated as of 3 August 2026.

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1. Robinhood ($HOOD)

Robinhood (HOOD) share price over the last year: started at US$106.37, ended at US$90.34, a change of −15.1%. Range over the period: high US$152.46, low US$65.16. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$90.34 · Daily: 4.4% · Market cap: US$81.22B · Sector: Technology · Industry: Fintech

Robinhood Markets ($HOOD) runs a fintech platform that bundles retail brokerage, crypto trading, digital banking and private markets access into a single app. CEO Vlad Tenev leads a company of 2,900 people whose product range has expanded to cover options, fractional shares, margin investing, retirement accounts and event contracts.

Crypto sits at the centre of $HOOD's business in more ways than one. The Robinhood Crypto product handles digital asset trading within the main app, while $HOOD also owns Bitbuy and Coinsquare – two regulated crypto platforms that operate as separate businesses. That combination of an integrated trading product and standalone regulated exchanges gives the company exposure to crypto through more than one channel.

2. Block ($XYZ)

Block (XYZ) share price over the last year: started at US$76.12, ended at US$82.09, a change of +7.8%. Range over the period: high US$83.10, low US$49.09. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$82.09 · Daily: 1.0% · Market cap: US$48.86B · Sector: Industrials · Industry: Commercial Services

Square and Cash App are the two main segments inside Block, Inc. ($XYZ). Square provides payment processing, hardware and software to merchants. Cash App covers the consumer side – peer-to-peer transfers, a debit card, a lending product called Cash App Borrow and a buy now, pay later platform. Users can also buy bitcoin and stocks directly within the app, which puts $XYZ in the digital assets conversation.

$XYZ also runs TIDAL, a global platform that gives musicians tools to distribute their work and build direct relationships with fans. The company employs 10,205 people across these businesses.

3. Coinbase Global ($COIN)

Coinbase Global (COIN) share price over the last year: started at US$318.17, ended at US$146.50, a change of −54.0%. Range over the period: high US$387.27, low US$141.09. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$146.50 · Daily: 0.2% · Market cap: US$38.65B · Sector: Technology · Industry: Fintech

Coinbase Global ($COIN) sits at the centre of the crypto economy, running the infrastructure that lets people, businesses and institutions actually do things with digital assets. Its platform covers consumer trading, a prime brokerage service for institutional clients, and a developer suite that lets teams build directly onchain.

Chief executive Brian Armstrong leads a company of just under 5,000 employees that generates revenue from transaction fees and market infrastructure – including spot and derivatives exchanges. That fee-based model means $COIN's financials tend to move closely with crypto trading volumes, which can swing sharply in both directions.

4. Strategy ($MSTR)

Strategy (MSTR) share price over the last year: started at US$389.24, ended at US$94.86, a change of −75.6%. Range over the period: high US$402.01, low US$82.31. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$94.86 · Daily: 1.7% · Market cap: US$34.41B · Sector: Technology · Industry: Software & IT

Strategy ($MSTR) operates an enterprise analytics software business alongside a bitcoin treasury. The software arm centres on the Strategy ONE platform, which delivers AI-powered reporting, visualisation and embedded analytics to customers across retail, banking, healthcare and other industries.

$MSTR holds bitcoin as a balance sheet asset rather than mining it or running an exchange – a structurally different approach to crypto exposure than most other names in this article. CEO Phong Le leads a team of 1,539 people across both sides of the business.

5. Hut 8 ($HUT)

Hut 8 (HUT) share price over the last year: started at US$21.19, ended at US$112.08, a change of +428.9%. Range over the period: high US$133.02, low US$19.45. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$112.08 · Daily: 4.1% · Market cap: US$13.79B · Sector: Technology · Industry: Fintech

Hut 8 Corp ($HUT) runs what it describes as an energy infrastructure platform, managing approximately 1,020 megawatts of capacity across 15 sites in the United States and Canada. The business covers power asset development, colocation services for CPU and ASIC hardware, and a compute arm that includes Bitcoin mining, GPU-as-a-Service, and cloud data centre operations.

Through its subsidiary American Bitcoin Corp., $HUT focuses on industrial-scale Bitcoin mining and building a strategic Bitcoin reserve. CEO Asher Genoot leads the company with a team of 248 people.

6. Terawulf ($WULF)

Terawulf (WULF) share price over the last year: started at US$4.89, ended at US$18.83, a change of +285.1%. Range over the period: high US$28.98, low US$4.89. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$18.83 · Daily: 6.6% · Market cap: US$9.33B · Sector: Technology · Industry: Fintech

Terawulf ($WULF) runs digital infrastructure in the U.S. across two distinct lines of work: bitcoin mining and high-performance computing colocation. The mining side contributes hash computation to a pool operator that validates bitcoin transactions, using application-specific integrated circuit miners purpose-built for that task. The HPC leasing side rents high-density data centre capacity to third parties running compute-heavy workloads, including AI applications.

Under CEO Paul Prager, the company employs just 141 people – a lean headcount relative to the scale of physical infrastructure it manages. The business sits at the intersection of energy markets and compute demand, using power infrastructure and grid connectivity as its core inputs.

7. Riot Platforms ($RIOT)

Riot Platforms (RIOT) share price over the last year: started at US$11.42, ended at US$21.42, a change of +87.6%. Range over the period: high US$28.69, low US$11.08. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$21.42 · Daily: 6.2% · Market cap: US$8.10B · Sector: Technology · Industry: Fintech

Riot Platforms ($RIOT) mines bitcoin by deploying computing power to validate transactions on the network. It also runs an Engineering segment that designs and manufactures power distribution equipment and custom electrical products for data centres, utilities and energy developers. CEO Jason Les leads the 816-person company. $RIOT is also developing part of its power capacity for artificial intelligence and high-performance computing uses.

8. Core Scientific ($CORZ)

Core Scientific (CORZ) share price over the last year: started at US$13.65, ended at US$22.83, a change of +67.3%. Range over the period: high US$29.16, low US$13.55. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$22.83 · Daily: 10.2% · Market cap: US$7.34B · Sector: Technology · Industry: Fintech

Core Scientific ($CORZ) designs, builds, and operates large-scale data centres built for high-density computing. One side of the business serves companies running machine learning and artificial intelligence workloads, supplying the physical space, power, and cooling those systems demand. The other side mines bitcoin – both for its own account and as a hosting service for third-party miners.

CEO Adam Sullivan leads a workforce of 325 employees across all three segments: Colocation, Digital Asset Self-Mining, and Digital Asset Hosted Mining. That combination of AI infrastructure and crypto mining under one roof is what sets $CORZ apart from pure-play miners elsewhere in this list.

9. MARA Holdings ($MARA)

MARA Holdings (MARA) share price over the last year: started at US$16.04, ended at US$11.75, a change of −26.7%. Range over the period: high US$22.84, low US$6.73. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$11.75 · Daily: 3.8% · Market cap: US$4.48B · Sector: Technology · Industry: Fintech

MARA Holdings ($MARA) runs bitcoin mining as its core business, operating sites that validate bitcoin transactions at scale while also selling hosting services to other institutional mining companies.

Those hosting services – colocation and managed services – give clients access to data centre space, power, cooling and connectivity. $MARA now operates 19 data centres across North America, the Middle East, Europe and Latin America, with around 1.9 gigawatts of total capacity.

The company describes its model as transforming excess energy into digital capital, which ties its operations closely to energy markets and grid dynamics. Under CEO Fred Thiel, $MARA is also pushing its infrastructure toward adjacent workloads like artificial intelligence and high-performance computing. All of that is run by a team of 266 employees, which is lean for a company managing infrastructure across four continents.

10. CleanSpark ($CLSK)

CleanSpark (CLSK) share price over the last year: started at US$10.62, ended at US$14.65, a change of +37.9%. Range over the period: high US$23.20, low US$8.18. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$14.65 · Daily: 6.5% · Market cap: US$3.76B · Sector: Technology · Industry: Fintech

CleanSpark ($CLSK) mines bitcoin from data centres across four U.S. states – Georgia, Mississippi, Tennessee and Wyoming. Those facilities hold around 188,500 mining machines with a hashrate capacity of approximately 27.6 exahashes per second (EH/s), where an exahash represents a quintillion hash calculations per second – the computational work that validates bitcoin transactions. Total contracted power capacity across the sites comes to around 853 megawatts. The company says its infrastructure is designed to secure and support the bitcoin network.

$CLSK measures its fleet efficiency at 21.94 joules per terahash (J/TH), a figure that reflects how much energy each machine consumes per unit of computation. The business runs on 314 employees under CEO S. Schultz.

Common questions

How do I invest in crypto stocks in Australia?

Every company in this list trades on U.S. exchanges, so you'd need a platform that provides access to U.S. markets to buy them. Trades settle in USD, which means the AUD/USD rate affects what any position is worth in Australian dollar terms – a stronger Australian dollar reduces the value of U.S.-denominated holdings, and a weaker one increases it. You search by each company's ticker and buy shares the same way you would any other U.S. stock.

What are the key risks of crypto stocks?

Bitcoin's price is the most direct risk for most companies here. Miners earn bitcoin, a treasury company holds it as a reserve, and exchanges see trading volume fall when sentiment sours – so a sharp drop in bitcoin's price can affect multiple parts of this list at once. Miners face additional operational pressures: energy costs, the efficiency of their hardware, and the periodic halvings that cut the mining reward per block. Regulation is another factor – the rules governing crypto exchanges, custody and asset classification vary by jurisdiction and continue to evolve, which can affect how these businesses operate.

How do the types of crypto companies in this list differ?

The companies fall into a few distinct categories. Several are bitcoin miners, running large data centres that consume significant electricity to earn bitcoin; a number of these are also developing capacity for AI and high-performance computing workloads. $MSTR holds bitcoin as a treasury reserve rather than mining or trading it, so its performance is closely tied to bitcoin's price. $COIN operates a crypto exchange and prime brokerage platform, while $HOOD and $XYZ both include crypto as one feature within broader financial services businesses.

Disclaimer

Past performance is not a reliable indicator of future performance. When you invest, your capital is at risk. You should consider your own investment objectives, financial situation, and particular needs before making an investment decision. The value of your investments can go down as well as up and you may receive back less than your original investment. As always, do your own research and consider seeking appropriate financial advice before investing.

This is not personal financial advice nor a recommendation to invest in the securities listed. Any advice provided by Stake is of general nature only and does not take into account your specific circumstances. Trading and volume data from the Stake investing platform is for reference purposes only, the investment choices of others may not be appropriate for your needs and is not a reliable indicator of performance.

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