3 Best Crypto Stocks with 120%+ Upside, According to Analysts

Using TipRanks’ Stock Comparison Tool, we identified three crypto-related stocks with a “Strong Buy” consensus rating and more than 120% upside potential over the next 12 months.

HIVE Digital (HIVE) offers Bitcoin mining exposure, Bit Digital (BTBT) focuses on Ethereum staking, while Bitdeer Technologies (BTDR) is expanding into AI and high-performance computing (HPC) infrastructure. Together, these companies offer different ways to participate in the industry’s growth, although all three stocks can be highly volatile.

Bit Digital – Bit Digital focuses on buying and staking Ethereum (ETH-USD) to earn rewards. It also provides AI computing and data center infrastructure through its subsidiary, WhiteFiber. Staking means using digital coins to help run and secure a blockchain network, earning rewards in return.

Over the last three months, all four Wall Street analysts covering BTBT stock have rated it a Strong Buy. Their 12-month average Bit Digital price target indicates an upside of more than 212%.

HIVE Digital – HIVE Digital operates renewable energy-powered data centers primarily focused on Bitcoin mining. The company is also expanding its GPU infrastructure business to support AI and cloud-computing workloads, providing exposure to both the cryptocurrency and AI infrastructure markets.

In the last three months, five Wall Street analysts covering HIVE stock rated it a Buy, with one assigning a Hold rating, resulting in a Strong Buy consensus. Their 12-month average HIVE Digital price target indicates an upside of 166.9%.

Bitdeer Technologies – Bitdeer Technologies is a Bitcoin mining company that also develops mining machines and provides infrastructure services to other cryptocurrency mining businesses. The company recently signed a 10-year agreement for a 67MW AI data center in Malaysia, with full capacity expected by Q2 2027. The addition will take Bitdeer’s secured AI data center capacity to 273.5MW, about 78% of its 350MW target.

Over the last three months, nine Wall Street analysts covering BTDR stock have rated it a Buy and one analyst rated it a Hold, resulting in a Strong Buy consensus. Their 12-month average Bitdeer price target indicates an upside of nearly 123%.