5 Best Blockchain Stocks to Buy for Q2 2025

The blockchain offers the potential for a completely new form of the internet based on revolutionary new technology. This guide picks out the best blockchain stocks to own right now.
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Updated on Jul 4, 2024
Reading time 7 minutes

Our experts have been through the markets and chosen their top five blockchain companies to invest in. This page explains how they came to their decision over which top stocks to choose and shows you the best places to put your money this year.

What are the top blockchain stocks to buy?

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The best ones are listed in the table below. You can read on to find out more detail about why each one was chosen and learn about their prospects for the future, or simply use the links in the table to see their latest stock price information.

#Stock tickerCompany nameLearn more
1RIOTRiot BlockchainLearn more >
2MARAMarathon Digital HoldingsLearn more >
3COINCoinbaseLearn more >
4HOODRobinhoodLearn more >
5CLSKCleansparkLearn more >
List selected by our team of analysts, updated April 2025.

1. Riot Blockchain (NASDAQ: RIOT)

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  • Market Cap: $2.8 billion
  • Dividend yield: N/A
  • Forward revenue growth: 46%
  • Forward P/E ratio: 16
  • Stock price: $58.20

Riot Platforms is one of the biggest Bitcoin mining companies in the world with two big mines in Rockdale and Corsicana, Texas. In addition to its operations, the company owns a 12% stake in Bitfarms, another mining company. 

Riot Platforms produced 215 coins in May 2024, a drop from the 375 coins it produced in April and the 617 that it made in the same period in 2023. This decline was mostly because of the halving event that happened in April.

Riot Platform’s revenue is growing, helped by the rising prices. It also holds over 9,084 Bitcoins in its balance sheet. The company has a strong balance sheet, which will help it to navigate the changes in the blockchain industry. 

2. Marathon Digital Holdings (NASDAQ: MARA)

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  • Market Cap: $5.6 billion
  • Dividend yield: N/A
  • Forward revenue growth: 103%
  • Forward P/E ratio: 36
  • Stock price: $19.27

Marathon Digital is the biggest Bitcoin mining company by market cap. It has a market cap of over $5.6 billion and made over $387 million in annual revenue in 2023.

The company mined 616 coins in May last this year, down from 850 in April. Like other companies, it was affected by the halving event that reduces the block reward offered by the network.

Marathon is still a good blockchain company to invest in for several reasons. It has a solid balance sheet with over $324 million in cash and short-term investment, meaning that it can easily expand its operations and even fund acquisitions. It is also one of the fastest-growing companies in the industry. 

Marathon has also launched new solutions geared towards boosting the Bitcoin ecosystem. It launched Slipstream, a direct Bitcoin transaction submission services to streamline transactions.

3. Coinbase (NASDAQ: COIN)

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  • Market Cap: $59 billion
  • Dividend yield: N/A
  • Forward revenue growth: 103%
  • Forward P/E ratio: 34
  • Stock price: $244

Coinbase is one of the best blockchain companies to invest in. It is a leading player in the crypto exchange industry, competing with Binance and OKX. 

Coinbase is the biggest publicly-listed company in the industry, meaning that it is regulated by the Securities and Exchange Commission (SEC) and is audited by Deloitte. 

Most recently, the company has benefited from the spot ETF launches by some of the leading companies in the US. It is the custodian of eight of the eleven funds and is expected to be the custodian for the upcoming Ethereum funds. 

Coinbase is a great investment because of its strong balance sheet, strong reputation in the crypto industry, and its potential to grow its business through acquisitions. In the past, I have made a case for why Coinbase should acquire Robinhood.

4. Robinhood (NASDAQ: HOOD)

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  • Market Cap: $19 billion
  • Dividend yield: N/A
  • Forward revenue growth: 22.8%
  • Forward P/E ratio: 43
  • Stock price: $22

Robinhood is one of the biggest disruptors in the financial services industry. While the company is known for disrupting the brokerage industry, it has become a large player in the crypto industry. 

The company has boosted its focus on the crypto industry by spending $200 million in its acquisition of Bitstamp, a leading exchange. 

Robinhood has millions of customers and its annual revenue has jumped from $277 million in 2019 to over $2.04 billion in the trailing twelve months. It has also become a profitable company with a potential for more growth in the future. 

Robinhood is a good blockchain company because of the diversification of its solutions. Its stocks can help offset its crypto business when there is a crypto winter. It also has a strong balance sheet with almost $1 billion in cash.

5. Cleanspark(NASDAQ: CLSK)

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  • Market Cap: $3.5 billion
  • Dividend yield: N/A
  • Forward revenue growth: 71%
  • Forward P/E ratio: 18
  • Stock price: $15.3

CleanSpark is another quality blockchain company to invest in. It is a leading mining company that is known for its low cost mines. 

Over the years, the company has grown its revenues substantially, helped by higher prices and mining volume. Its revenue jumped to over $283 million in the trailing twelve months, a significant increase from he $4.5 million it made in 2019.

CleanSpark has also become profitable as it reduced its costs sharply. Analysts expect that its business will continue doing well even after the halving event. The expectation is that its revenue will jump to over $419 million this year followed by $768 million in 2025. The average stock target is $25, higher than the current $15.

Where to buy the best blockchain shares

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Use one of the brokers below if you want to get your hands on some shares right away. All of the trading platforms in the table let you buy stocks in these companies and you can head to each website by following the links to get started.

We found 4 online brokers for users based in

eToro review
4.6
eToro
Min. Deposit $100
Fees 1%
No. assets 3600+
Demo account Yes

eToro review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Plus500 review
4.5
Plus500
Min. Deposit $100
Fees From 2%
No. assets 2800+
Demo account Yes

Plus500 review

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

Public.com review
4.4
Public
Min. Deposit $20
Fees 1-2%
No. assets 9000+
Demo account No

Public.com review

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

What is a blockchain stock?

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Any company that is involved in the blockchain industry, from businesses that focus on crypto mining to those that develop new software which is built on blockchain technology. 

Are blockchain shares a good investment?

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It depends on the company you choose, as they offer a wide variety of different services and are influenced by a range of factors. Generally, blockchain stocks are riskier and more volatile than most, as they are impacted by cryptocurrency markets which are difficult to predict.

The best way to invest in the blockchain is by starting small. Make sure to research the company in depth and consider how they might perform when there is less activity within cryptocurrency. Then it’s a good idea to balance out the risk by putting some money in more stable companies in other industries as well.

More than any other industry, cryptocurrency moves fast. Blockchain stocks can be affected by single tweets or by the hint of regulatory changes coming into effect. You need to follow the latest news so that you’re on top of any developments and can adjust your strategy accordingly.

Methodology: How we choose the best blockchain stocks

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At Invezz, our mission is to empower our readers with the most accurate and reliable financial information. Our curated selection of the best stocks in specific industries is designed to provide investors with well-researched, expertly reviewed stock recommendations. Our team follows a rigorous process to ensure our readers receive high-quality, trustworthy stock selections.

  • Initial screening. Our team of experienced stock market analysts conducts an initial screening of stocks within the chosen industry. This involves analyzing a broad range of companies based on key financial metrics such as revenue growth, profitability, debt levels, and market capitalization.
  • Earnings reports and financial analysis. Analysts review the latest earnings reports of shortlisted companies. This includes a detailed assessment of financial statements, looking for consistent earnings growth, strong balance sheets, and positive cash flow trends. Special attention is given to year-over-year performance and quarterly results.
  • Sector analysis. A comprehensive sector analysis is conducted to understand the macroeconomic factors affecting the industry. This includes examining market trends, competitive landscape, regulatory changes, and technological advancements. Our analysts utilize industry reports, market research, and economic forecasts to gain a holistic view of the sector.
  • Analyst recommendations. We consider recommendations from reputable sources such as Barron’s and Zacks. These sources provide expert opinions and ratings on stocks, which serve as an additional layer of validation for our selections. Incorporating external analyst recommendations ensures that our curated stocks are backed by a consensus of expert views.
  • Internal review. After the initial selection by our analysts, the chosen stocks are reviewed by a sub-editor. The sub-editor ensures that the analysis is clear, concise, and adheres to Invezz’s editorial guidelines. This review process helps maintain the quality and readability of our content, making it accessible to a broad audience.
  • Quarterly updates. To ensure our stock recommendations remain relevant and up-to-date, we update the curated section quarterly. Each update cycle involves re-evaluating the stocks based on the latest financial reports, industry developments, and market conditions. This regular update process ensures that our recommendations reflect the most current information available.

Our approach combines expert analysis, comprehensive research, and regular updates to deliver reliable and insightful investment recommendations. Read more about our review process and editorial policy.


Sources & references

Crispus Nyaga

Crispus Nyaga

Market Analyst

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Crispus is a Financial Analyst for Invezz covering the stock, cryptocurrency and forex markets. He’s an experienced analyst with more than 8 years of industry experience. His analysis is featured on industry leaders including macrostreet.com,  SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com, to name a few....