10 Bitcoin and Blockchain-Related Stocks with the Highest Price Upsides, According to Wall Street Analysts

·

Bitcoin has emerged as one of the most transformative financial assets of the 21st century, delivering staggering returns over the past five years—surpassing 500% growth—and approximately 130% in the last year alone. As institutional adoption accelerates and regulatory frameworks evolve, investors are increasingly exploring indirect exposure to digital assets through publicly traded companies tied to the bitcoin and blockchain ecosystem.

While direct investment in cryptocurrency carries volatility, investing in equities of firms actively supporting or leveraging blockchain technology offers a potentially more stable entry point. These include bitcoin miners, fintech platforms, e-commerce giants, and even semiconductor manufacturers powering the infrastructure behind crypto networks.

According to financial data platform TipRanks, several stocks in this space not only have strong analyst consensus but also impressive projected upside and high “Smart Scores”—a proprietary metric evaluating stocks across eight dimensions including analyst sentiment, insider trading, hedge fund activity, and fundamentals. Stocks scoring above 8 have historically outperformed the market, with perfect 10 scorers averaging a 17.3% annualized return since 2016.

Below are 10 Wall Street-favored stocks with significant upside potential, all closely linked to the expanding cryptocurrency and blockchain technology landscape.

Top Bitcoin and Blockchain-Linked Stocks with High Growth Potential

1. Riot Platforms (RIOT)

Riot Platforms is a U.S.-based bitcoin mining company focused on large-scale operations powered by renewable energy. With expanding mining capacity and strategic holdings of self-mined BTC, Riot stands at the forefront of digital asset infrastructure. Its aggressive growth strategy and transparency in reporting make it a favorite among analysts bullish on long-term bitcoin adoption.

👉 Discover how blockchain-powered investments are reshaping portfolios in 2025.

2. Baidu (BIDU)

Best known as China’s leading search engine, Baidu has been quietly investing in blockchain innovation for years. It launched its own blockchain-as-a-service (BaaS) platform and is integrating distributed ledger technology into AI, cloud computing, and smart city projects. This dual focus on AI and blockchain positions Baidu as a tech innovator with hidden crypto exposure.

3. Bitfarms (BITF)

Operating primarily in Canada, Bitfarms is committed to sustainable bitcoin mining using hydroelectric power. The company emphasizes environmental responsibility while scaling operations across North America. Its strong ESG profile appeals to institutional investors seeking green crypto exposure, contributing to its top-tier Smart Score.

4. JD.com (JD)

One of China’s largest e-commerce platforms, JD has explored blockchain applications in supply chain management, product authentication, and logistics tracking. While not a direct crypto play, its use of blockchain enhances transparency and efficiency—key drivers of future profitability. As blockchain integration deepens, so does investor interest.

5. Alibaba (BABA)

Alibaba’s Ant Group developed one of the earliest enterprise blockchain platforms—AntChain—used for cross-border payments, intellectual property protection, and carbon credit tracking. Despite regulatory headwinds in China, Alibaba continues to innovate in Web3 and decentralized solutions, making it a long-term bet on blockchain’s enterprise adoption.

Frequently Asked Questions

Q: What makes a stock “bitcoin-related” if it doesn’t directly hold BTC?
A: Companies can be considered bitcoin or blockchain-related through various avenues: mining operations, providing hardware/software infrastructure, accepting crypto payments, or developing blockchain-based services for enterprise use.

Q: How reliable are analyst price targets?
A: While not guarantees, price targets represent aggregated expert opinions based on financial models and market trends. They’re most useful when combined with strong fundamentals and positive sentiment indicators like those measured by TipRanks’ Smart Score.

Q: Why do some high-upside stocks have lower Smart Scores?
A: The Smart Score evaluates multiple factors beyond growth potential, including risk, liquidity, and institutional confidence. A stock may have high upside due to speculative momentum but lack broad support across other metrics.

6. MicroStrategy (MSTR)

MicroStrategy is perhaps the most direct corporate proxy for bitcoin exposure. Under CEO Michael Saylor’s leadership, the company has accumulated over 200,000 BTC—effectively turning its balance sheet into a leveraged bitcoin fund. For investors who believe in bitcoin’s long-term value but prefer equity ownership, MSTR offers an accessible route.

7. PayPal Holdings (PYPL)

PayPal was among the first major fintech companies to enable users to buy, sell, and hold cryptocurrencies directly within their accounts. With millions of active users and ongoing development of the Paxos Dollar (PYUSD) stablecoin, PayPal is building a bridge between traditional finance and digital assets.

👉 See how fintech leaders are integrating cryptocurrency into mainstream finance today.

8. Taiwan Semiconductor Manufacturing Company (TSM)

As the world’s largest semiconductor foundry, TSMC produces advanced chips essential for everything from smartphones to bitcoin miners. Without high-performance semiconductors, large-scale mining wouldn’t be feasible. This makes TSMC a foundational player in the blockchain ecosystem—even if indirectly.

9. Honeywell International (HON)

Honeywell may seem unrelated at first glance, but it has developed blockchain solutions for industrial supply chains, aerospace traceability, and cybersecurity. Its focus on secure, permissioned ledgers aligns with enterprise demand for trustworthy data systems—highlighting blockchain’s versatility beyond finance.

10. Intercontinental Exchange (ICE)

Parent company of the New York Stock Exchange (NYSE), ICE launched Bakkt—a regulated platform for trading and storing digital assets. Though Bakkt has faced challenges, ICE remains committed to bridging traditional capital markets with crypto through compliant infrastructure.

👉 Explore regulated platforms helping bring blockchain into the financial mainstream.

Final Thoughts: Building Exposure Beyond Direct Crypto Ownership

While buying bitcoin directly remains popular, investing in stocks tied to its ecosystem provides diversified exposure with potentially lower volatility. From miners to tech innovators and financial gatekeepers, these companies are shaping the future of decentralized finance and digital ownership.

With Wall Street analysts projecting substantial upside—and robust Smart Scores validating investor confidence—these ten stocks represent compelling opportunities for those aligned with the long-term trajectory of blockchain technology, cryptocurrency adoption, and digital transformation across industries.

Whether you're drawn to pure-play miners like Riot Platforms or diversified tech leaders like TSMC, understanding each company’s role in the broader ecosystem is key to making informed investment decisions in this evolving space.