Bitcoin Stocks has really transformed since its early days as a niche digital currency. With more institutions getting on board, a surge in investor interest, and clearer regulations, the crypto market has matured — and so has the way people are investing in it. While many still prefer to own Bitcoin directly, a growing number of investors are looking at Bitcoin-related stocks as a way to tap into the crypto boom without actually holding the currency.
These bitcoin stocks come from companies that are involved in mining, running cryptocurrency exchanges, developing blockchain technology, or simply those that have a hefty amount of Bitcoin on their balance sheets. Here are some of the top Bitcoin-related stocks that are definitely worth keeping an eye on right now:
1. MicroStrategy Inc. (MSTR)
MicroStrategy has become almost a household name when it comes to Bitcoin in the corporate sector. Led by Executive Chairman Michael Saylor, the company has essentially transformed into a Bitcoin holding entity. As of 2025, MicroStrategy boasts over 200,000 BTC, making it the largest corporate holder of Bitcoin.
While MicroStrategy’s main business revolves around enterprise software, its stock price now closely mirrors Bitcoin’s movements. When Bitcoin goes up, MSTR usually follows suit. This makes it a leveraged bet on Bitcoin itself — but it’s not without its risks.
2. Coinbase Global Inc. (COIN)
As one of the biggest cryptocurrency exchanges in the U.S., Coinbase provides direct access to the crypto economy. It generates revenue through trading fees, subscriptions, staking, and blockchain infrastructure services. With more mainstream adoption and the approval of Bitcoin ETFs, Coinbase has become a key entry point for many retail and institutional investors.
Even though regulatory challenges are still a concern, the company’s size, brand recognition, and innovative approach make it a stock to keep a close watch on.
3. Riot Platforms Inc. (RIOT)
Riot Platforms is a Bitcoin mining company based in the U.S. It operates massive data centers that validate Bitcoin transactions and earn BTC as a reward. As a miner, Riot’s profitability is closely tied to the price of Bitcoin and network difficulty.
RIOT has invested heavily in expanding its mining capacity and using renewable energy sources. For investors looking to gain exposure to the infrastructure behind Bitcoin, RIOT is a strong contender.
4. Marathon Digital Holdings Inc. (MARA)
Another major U.S.-based Bitcoin miner, Marathon Digital is focused on scaling operations and improving energy efficiency. With over 20 EH/s (exahashes per second) in mining power, it is among the largest public miners globally.
Marathon has also taken steps to diversify revenue, including partnerships in renewable energy and AI-driven blockchain applications. MARA stock is highly correlated with Bitcoin price movements and can be quite volatile, but offers high upside during bull markets.
5. Block, Inc. (SQ)
Formerly known as Square, Block Inc., led by Twitter co-founder Jack Dorsey, has a deep commitment to Bitcoin. The company allows users to buy, sell, and hold Bitcoin through its Cash App, and it has invested company funds into BTC.
Block is also building open-source Bitcoin mining systems and is investing in decentralized finance (DeFi) tools built on Bitcoin’s blockchain. Unlike mining stocks, Block offers a more diversified fintech exposure with a strong Bitcoin integration.
6. Grayscale Bitcoin Trust (GBTC)
While technically not a stock, the Grayscale Bitcoin Trust trades on the OTC markets and offers exposure to Bitcoin’s price through a traditional investment vehicle. It’s a good option for investors who want Bitcoin exposure in tax-advantaged accounts like IRAs.
In early 2024, GBTC was converted into a spot Bitcoin ETF, improving its price tracking and lowering fees. It remains a popular option among institutional investors.
Risks to Consider
While Bitcoin-related stocks can provide substantial upside, they are also highly volatile. Factors like crypto regulations, energy prices, technological changes, and Bitcoin’s own price swings all affect performance. It’s important to diversify and invest based on your own risk tolerance.
Conclusion
Bitcoin-related stocks offer a unique way to gain exposure to the growing world of digital assets without directly owning cryptocurrencies. Whether you prefer miners like RIOT and MARA, platforms like Coinbase, or large holders like MicroStrategy, there are multiple ways to get involved. As Bitcoin continues to mature, these stocks may play a crucial role in shaping the future of finance — and your investment portfolio.
Frequently Asked Questions (FAQs)
Q1: What is a Bitcoin-related stock?
A Bitcoin-related stock is a publicly traded company that is either directly involved in the cryptocurrency industry (like exchanges or miners) or holds Bitcoin as part of its corporate strategy.
Q2: Are Bitcoin-related stocks safer than buying Bitcoin?
Not necessarily. While they offer traditional investment structures and regulatory protections, they are still highly correlated to Bitcoin’s price and can be equally volatile.
Q3: Can I hold Bitcoin stocks in my retirement account?
Yes. Unlike actual Bitcoin, many Bitcoin-related stocks (like MSTR, COIN, and GBTC) can be held in IRAs and other traditional brokerage accounts.
Q4: Do Bitcoin mining stocks follow the price of Bitcoin?
Generally, yes. Mining companies like Riot and Marathon tend to perform well when Bitcoin’s price is rising, but they also face risks like rising energy costs and regulatory pressure.
Q5: Are there Bitcoin ETFs I can invest in?
Yes. Several spot Bitcoin ETFs now exist in the U.S. and globally, offering easier and safer access to Bitcoin price exposure without managing a crypto wallet.
