U.S. Bitcoin Stocks

Strategy

Market Cap: US$58.9b

Operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally.

Block

Market Cap: US$42.5b

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally.

IREN

Market Cap: US$14.8b

Operates in the vertically integrated data center business in Australia and Canada.

TeraWulf

Market Cap: US$10.2b

Owns, develops, operates digital infrastructure in the United States.

Galaxy Digital

Market Cap: US$10.0b

Engages in the digital asset and data centre infrastructure businesses in North America and internationally.

Hut 8

Market Cap: US$8.0b

Operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada.

Cipher Digital

Market Cap: US$7.0b

Develops and operates industrial-scale data centers for bitcoin mining and high-performance compute (HPC) hosting in the United States.

Riot Platforms

Market Cap: US$6.9b

Operates as a Bitcoin mining company in the United States.

Core Scientific

Market Cap: US$6.3b

Provides infrastructure for high-density colocation services and digital asset mining in the United States.

MARA Holdings

Market Cap: US$4.2b

Operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America.

NCR Atleos

Market Cap: US$3.2b

A financial technology company, engages in the provision of self-directed banking solutions to financial institutions, merchants, manufacturers, retailers, and consumers in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

CleanSpark

Market Cap: US$3.0b

Operates as a bitcoin mining company in the Americas.

Twenty One Capital

Market Cap: US$2.7b

Engages in the Bitcoin related business.

Trump Media & Technology Group

Market Cap: US$2.5b

Engages in social media and streaming services in the United States.

Keel Infrastructure

Market Cap: US$1.7b

Operates digital and energy infrastructure with focus on high-performance computing (HPC) and artificial intelligence (AI) workloads in North America, Canada, and the United States.

American Bitcoin

Market Cap: US$1.3b

A Bitcoin accumulation platform company, focuses on building a Bitcoin infrastructure platform.

Rhino Bitcoin

Market Cap: US$543.6m

Operates as a Bitcoin financial services company that offers digital banking services through its financial application.

Canaan

Market Cap: US$371.9m

Engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components.

BitFuFu

Market Cap: US$318.4m

Provides digital asset mining solutions in North America, Asia, Europe, and internationally.

Bitcoin Infrastructure Acquisition

Market Cap: US$303.3m

Bitcoin Infrastructure Acquisition Corp Ltd.

Coincheck Group

Market Cap: US$301.7m

Provides cryptocurrency exchange platform in Japan.

Antalpha Platform Holding

Market Cap: US$223.7m

Provides financing, technology, and risk management solutions to the digital asset industry in Singapore and internationally.

Wewards

Market Cap: US$215.0m

Develops a web-based platform that is accessible by mobile apps.

Autris

Market Cap: US$198.7m

Through its subsidiary, NitroHeat, LLC, assembles and supplies nitrogen generators, air filtration systems, compressed air heaters, and heated hoses.

Cango

Market Cap: US$167.8m

Operates bitcoin mining business with mining operation across North America, the Middle East, South America, and East Africa.

ProCap Financial

Market Cap: US$160.2m

Operates as a bitcoin-native financial services company.

Nakamoto

Market Cap: US$134.3m

Develops and invests in a global portfolio of Bitcoin-native companies.

Next Technology Holding

Market Cap: US$119.0m

Provides software development services in the United States, Hong Kong, and Singapore.

BTCS

Market Cap: US$95.3m

A blockchain technology company, provides blockchain infrastructure services in the United States.

Z Squared

Market Cap: US$95.0m

Operates as a digital asset mining company, focused primarily on the generation of Dogecoin (DOGE), along with other digital assets, such as Litecoin and other altcoins.

Datacentrex

Market Cap: US$80.2m

Operates as an industrial-scale blockchain infrastructure company that focuses on Dogecoin and Litecoin mining.

Intchains Group

Market Cap: US$78.9m

Engages in the provision of altcoin mining products in the People’s Republic of China.

B Treasury Capital

Market Cap: US$77.1m

Operates as a bitcoin treasury company that engages in treasury management.

Fold Holdings

Market Cap: US$75.7m

A bitcoin financial services company, provides access to bitcoin through a suite of consumer financial products in the United States.

Bitcoin Depot

Market Cap: US$67.9m

Owns and operates a network of bitcoin ATMs in the United States, Canada, Australia, and Hong Kong.

Hyperscale Data

Market Cap: US$61.8m

Provides crane rental and lifting solutions for oilfield, construction, commercial, and infrastructure markets in North America, Europe, the Middle East, and internationally.