Producer price data in the US is edging higher, which keeps attention on costs across energy and computing power. Crypto and blockchain stocks sit right at that intersection of finance and technology. That mix is drawing fresh interest from investors who do not want to miss the next phase of digital asset infrastructure. This article highlights 3 stocks from the Top Cryptocurrency and Blockchain Stocks screener to watch now.
The stocks covered below are just a starting sample, and the full screen surfaced 16 more companies in the crypto and blockchain space with equally compelling narratives that are not covered in this article. To go deeper into this opportunity set, head straight into the Top Cryptocurrency and Blockchain Stocks screener to identify, filter, and analyze the highest conviction plays that best fit your approach.
Cipher Digital (CIFR)
Overview: Cipher Digital operates large scale data centers in the US that mine Bitcoin and provide high performance computing capacity for hyperscale customers, positioning the company at the crossroads of crypto infrastructure and AI focused cloud computing.
Operations: Cipher Digital currently generates about US$191 million in revenue from Bitcoin mining, all from the United States.
Market Cap: US$7.1b
Investors watching the build out of AI and crypto infrastructure may find Cipher Digital interesting because it is rapidly building industrial scale facilities that can pivot between Bitcoin mining and high performance computing. The company already has early HPC capacity delivered ahead of schedule with rent now starting to flow. It has secured US$810 million in project financing and is adding large power rich sites in Texas. Analysts have highlighted the possibility of stronger revenue and earnings if its data center pipeline is successfully leased. At the same time, Cipher Digital carries real risks, including current losses, less than one year of cash runway, high valuation multiples, insider selling and high share price volatility, which makes execution on its AI and hosting strategy especially important to watch.
Cipher Digital’s AI ready data centers and Texas build out could be setting up a very different earnings profile than its current losses suggest. Get the context behind that tension in the 1 key reward and 3 important warning signs (2 are major!)
Build your own crypto and AI infrastructure shortlist
Cipher Digital and the two other stocks in this article all surfaced from a single Simply Wall St screen, and you can set up the same kind of filters yourself. Use our flexible Screener to mix metrics like valuation, future growth and risk, or jump straight into our curated Investing Ideas for ready made shortlists.
IREN (IREN)
Overview: IREN Limited is a vertically integrated data center operator that runs high power facilities and electrical infrastructure in Australia and Canada, combining Bitcoin mining with AI and high performance computing services built on large scale GPU deployments.
Operations: IREN reports revenue primarily from Australia at about US$692 million and Canada at about US$65 million.
Market Cap: US$14.2b
IREN has shifted from a pure Bitcoin miner into an AI infrastructure provider, backed by long term cloud contracts with partners such as Microsoft and Nvidia that give more visibility on future AI related revenue. Investors are watching this transition closely because it comes with both potential benefits and real risk. The stock trades on a high P/E multiple and relies heavily on external borrowing after past dilution. If you are interested in crypto linked stocks that are moving toward AI cloud capacity at scale, IREN is one where the mix of growth potential and balance sheet pressure may warrant further research.
