In today’s rapidly evolving financial landscape, investors are increasingly turning to crypto-related stocks as a strategic way to gain exposure to the digital asset revolution—without directly holding volatile cryptocurrencies. These equities offer a balance between innovation and relative stability, making them appealing to both growth-focused and risk-conscious investors.
Among the most compelling opportunities are public companies that hold substantial amounts of Bitcoin (BTC) on their balance sheets or operate within the blockchain and digital asset ecosystem. This article explores the top crypto-related stocks based on Bitcoin holdings, analyzes key investment factors, and provides actionable insights for those looking to capitalize on the long-term potential of this transformative sector.
MicroStrategy (NASDAQ: MSTR)
MicroStrategy Inc. is primarily known as an enterprise analytics and mobility software provider. Its flagship product, the MicroStrategy Analytics Platform, delivers powerful reporting, dashboards, and mobile insights for businesses worldwide. However, in recent years, the company has become best known for its aggressive Bitcoin investment strategy.
With a staggering 114,042 Bitcoins, MicroStrategy holds more BTC than any other publicly traded company. The firm initially invested $3.16 billion in Bitcoin, an amount now valued at over **$7.1 billion, representing approximately 0.543% of the total Bitcoin supply**.
This bold treasury strategy has redefined MicroStrategy’s market identity—transforming it from a niche software firm into a de facto Bitcoin proxy traded on U.S. markets.
👉 Discover how institutional Bitcoin adoption is reshaping investment portfolios
Key Metrics:
- Market Cap: $105.312 billion
- 52-Week Range: $102.40 – $543.00
- Recent Close: $373.30
The company continues to signal confidence in Bitcoin as a long-term store of value, often citing inflation protection and monetary debasement concerns as core drivers behind its strategy.
Tesla (NASDAQ: TSLA)
Founded in 2003 and headquartered in Palo Alto, California, Tesla is a leader in sustainable energy and electric mobility. Known for its electric vehicles (EVs), solar products, and energy storage solutions, Tesla also made headlines in early 2021 when it announced a $1.5 billion investment in Bitcoin.
Though Tesla later sold a portion of its holdings, it still retains over 48,000 Bitcoins, making it the second-largest corporate holder globally. That initial investment is now worth over $2.99 billion, accounting for 0.229% of total Bitcoin supply.
Tesla briefly accepted Bitcoin as payment for vehicles—a move that boosted mainstream crypto adoption—before pausing due to environmental concerns related to mining.
Key Metrics:
- Market Cap: $967.446 billion
- 52-Week Range: $182.00 – $488.54
- Recent Close: $300.71
While Tesla’s primary value driver remains its EV and energy business, its Bitcoin holdings add an intriguing speculative layer for investors interested in crypto exposure through established tech giants.
Galaxy Digital (NASDAQ: GLXY)
Galaxy Digital Holdings Ltd. is a diversified financial services firm focused exclusively on the digital assets and blockchain technology sector. Led by veteran investor Mike Novogratz, Galaxy operates across four core divisions:
- Trading
- Principal investing
- Asset management
- Investment banking
With over 16,402 Bitcoins on its balance sheet, Galaxy ranks third among public companies in Bitcoin ownership. Originally purchasing BTC for $134 million, those holdings are now valued at over **$1.02 billion, representing 0.078% of the global Bitcoin supply**.
Unlike companies that hold Bitcoin passively, Galaxy actively participates in the crypto economy—making strategic investments, facilitating deals, and providing liquidity.
Key Metrics:
- Market Cap: $2.822 billion
- 52-Week Range: $17.40 – $26.60
- Recent Close: $21.31
For investors seeking direct exposure to the crypto financial ecosystem, Galaxy Digital offers one of the purest plays available on public markets.
Square (Now Block, Inc.) (NYSE: SQ)
Square—now operating under its parent name Block, Inc.—is a fintech innovator best known for its payment processing services and the popular peer-to-peer app Cash App. The company has been a pioneer in integrating Bitcoin into consumer finance, allowing users to buy, sell, and store BTC directly through the app.
Block owns approximately 8,027 Bitcoins, placing it fourth among public companies in terms of BTC holdings. It originally invested $220 million in Bitcoin, which is now worth over **$500 million, or about 0.038% of total Bitcoin supply**.
Beyond treasury holdings, Block is actively developing open-source Bitcoin projects through its subsidiary Spiral, reinforcing its commitment to decentralized finance and financial inclusion.
👉 Explore how fintech innovation is driving crypto adoption
Why Block Stands Out:
- Deep integration of Bitcoin into consumer products
- Transparent long-term vision for decentralized finance
- Strong leadership with CEO Jack Dorsey being a vocal Bitcoin advocate
Even though Block’s core revenue comes from payment processing, its cultural influence in the crypto space is outsized.
Why Invest in Crypto-Related Stocks?
While direct cryptocurrency ownership offers high reward potential, it also brings significant volatility and custody challenges. Crypto-related stocks provide a regulated, accessible alternative for investors who want exposure to the blockchain revolution through traditional equity markets.
Performance vs. Broader Market
Crypto-linked equities have significantly outperformed the S&P 500 in recent years. For instance:
- Riot Blockchain (NASDAQ: RIOT): ~657% return over the past year
- Bitcoin (BTC): ~400% return over the same period
- S&P 500: 23.88% return in 52 weeks
This outperformance reflects growing institutional interest and confidence in the long-term viability of blockchain technology.
Key Factors to Consider When Choosing Crypto Stocks
Not all crypto-related stocks are created equal. Here are three critical criteria to evaluate before investing:
1. Earnings Growth Pattern
Examine historical and projected earnings trends. While future potential matters, consistent earnings growth signals operational health. Use earnings per share (EPS) to assess profitability—calculated by dividing net income by outstanding shares.
Companies with rising EPS are better positioned to sustain growth during market downturns.
2. Leadership Quality
Strong leadership is essential in navigating the fast-changing crypto landscape. Look for executives with proven track records, clear vision, and transparency about risks and strategies.
MicroStrategy’s Michael Saylor and Block’s Jack Dorsey are often cited as influential figures driving corporate Bitcoin adoption.
3. Long-Term Strength & Stability
The crypto market is inherently volatile. Choose companies with:
- Low debt-to-equity ratios
- Diversified revenue streams
- Resilient business models
These traits help ensure survival during bear markets and position firms for growth during bull cycles.
Frequently Asked Questions
What are crypto-related stocks?
Crypto-related stocks are shares in publicly traded companies involved in the cryptocurrency ecosystem—either through direct Bitcoin holdings, blockchain development, or providing infrastructure like mining equipment or financial services.
Are crypto stocks a good investment?
Yes, for investors seeking indirect exposure to digital assets with reduced volatility compared to holding cryptocurrencies directly. However, performance can still be influenced by crypto market swings, so thorough research is essential.
Which company holds the most Bitcoin?
MicroStrategy (MSTR) holds the largest amount of Bitcoin among public companies—over 114,000 BTC—as part of its long-term treasury strategy.
Can small investors benefit from crypto stocks?
Absolutely. Many crypto-related stocks trade under $50 per share, and fractional shares allow investors to start with as little as $5.
Do these stocks pay dividends?
Most do not currently pay dividends, as profits are typically reinvested into growth or BTC purchases. However, this could change as companies mature.
👉 Learn how to start building a diversified crypto-aligned portfolio today
Final Thoughts
Investing in crypto-related stocks allows individuals to participate in the digital asset revolution through familiar financial instruments. Companies like MicroStrategy, Tesla, Galaxy Digital, and Block have positioned themselves at the forefront of this movement—not just as investors in Bitcoin but as builders shaping the future of finance.
As blockchain technology matures and adoption grows, these equities may serve as foundational components of forward-looking investment portfolios.
Whether you're drawn by speculative upside or believe in the long-term transformation of money and finance, now is a pivotal time to understand and evaluate the best crypto-related stocks on the market.
Remember: Always conduct your own due diligence and consult with a financial advisor before making investment decisions.