02-08-2025
6 Best Crypto Stocks To Buy Now: Top Picks For August 2025
U.S. President Donald Trump may soon allow 401(k) savers to invest in cryptocurrencies along with private equity and precious metals. The president has already rescinded a Department of Labor warning to employers about the dangers of adding cryptocurrencies to retirement plans.
Opening up 401(k)s to crypto could be a boon for digital currencies. With the right portfolio moves, you can gain from the trend. Below are six crypto stocks that could be contenders as you look to increase your digital currency exposure.
How These Crypto Stock Picks Were Chosen
These crypto stock picks were chosen by screening the constituents of the Schwab Crypto Thematic Index on these parameters:
Stocks matching these criteria were ranked by expected EPS growth and the top six were selected for inclusion.
Best Crypto Stocks To Buy Now Top Picks for August 2025
The table below introduces six top crypto stocks with strong outlooks for the intermediate term.
A review of each stock follows. Metrics are sourced from company reports and
1. IREN Limited (IREN)
IREN Limited by the numbers:
IREN operates data centers powered by renewable energy. The company uses its computing power to mine bitcoin efficiently and to provide cloud computing services for AI applications. IREN is based in Sydney, Australia.
IREN generates cash primarily from bitcoin mining, but the company has a new and interesting opportunity in AI infrastructure. IREN can quickly convert its data center assets to capitalize on the growing demand for energy-efficient, AI-capable computing power. The company's project pipeline includes a new large-scale liquid-cooled AI data center which should be ready later this year, and a 2GW AI hub to be energized by April 2026.
The shift to cloud services can stabilize IREN's business model and improve profitability. The company earns a 98% hardware margin on cloud services. Hardware profits are defined as revenue less electricity costs.
IREN's April-quarter highlights included record revenues of $148.1 million, with double-digit gains in bitcoin mining revenue and AI cloud services revenue. The company also increased its average operating hashrate by 30%—meaning it mined bitcoin faster. IREN's quarterly profit after tax was $24.2 million, and it had $184.3 million of cash and equivalents on the balance sheet at quarter-end.
2. Hut 8 (HUT)
Hut 8 by the numbers:
Hut8 calls itself an integrated energy infrastructure platform. The company mines bitcoin, provides services supporting energy infrastructure development and offers colocation and data center cloud services.
Hut 8 is transitioning from a bitcoin miner to a more diversified, power-centric business model. As part of the transition, Hut 8 spun off its bitcoin operations into a subsidiary called American Bitcoin, invested in its scalable power pipeline and upgraded mining hardware.
The transition has created some growing pains. The company's first-quarter results included a 58% revenue decline and a net loss of $134.3 million. Downtime related to a mining hardware upgrade and revenue pressures from bitcoin's halving in April 2024 were key factors.
The downtime led to higher per-unit energy costs, since fixed costs were spread over a smaller base. Hut 8 also took a $112.4 million non-cash charge related to a bitcoin price decline in the quarter. The company expects its mining economics to improve significantly in the second quarter.
After quarter-end, Hut 8 announced a multi-year energy supply contract with the Ontario Independent Electricity System Operator. The agreement is a milestone in the company's revenue diversification effort. Contracts like this one can provide stable, long-term revenue for Hut 8.
3. Opera Limited (OPRA)
Opera Limited by the numbers:
Opera Limited develops and maintains themed web browsers for mobile devices and PCs. The company generates revenue through advertising sales and partnerships with Google and other search providers.
Opera's strategy involves attracting engaged users to its browsers through innovation and themed offerings. An example is the GX browser designed for gamers. GX incorporates features gamers use: built-in free VPN, integration with streaming service Twitch and instant messenger Discord, a games release calendar and RAM, CPU and network limiters.
Opera's crypto play is MiniPay, a user-friendly wallet for storing and trading stablecoins. MiniPay is integrated into the Opera Mini Browser for Android. It is also available as a standalone application for iOS and Android. MiniPay processed over 200 million transactions in the second quarter. It launched in 2023.
Providing niche digital experiences has been good for Opera's bottom line. In the quarter ending April 28, 2025, Opera increased revenue by 40%, adjusted net income by 37% and diluted EPS by 29%. The company also achieved a 45% increase in average revenue per user (ARPU). The monthly active user count for the quarter was 293 million.
Opera also raised its full-year guidance in the first-quarter report. The company expects 20% annual revenue growth and a 24% adjusted EBITDA margin.
4. Robinhood Markets (HOOD)
Robinhood by the numbers:
Robinhood operates a financial services platform with commission-free trading of securities and cryptocurrency. The company makes money through paid partnerships with financial institutions that receive and execute trade orders from Robinhood customers. Robinhood also earns margin loan interest and subscription fees.
Robinhood's stock has gained 346% over the last year as it transitions into a global financial services provider. Acquisitions and services expansion have supported the growth strategy, and cryptocurrency trading is an area of focus.
Robinhood recently launched stock and ETF tokens in the EU and crypto staking in the U.S. The tokens are blockchain-traded assets that track stocks and ETFs. Stock token holders can trade without commissions and earn dividend payments within the Robinhood app. Crypto staking pays investors with a percentage return—like an APY in a savings account. To earn, investors must allow their coins to be used for transaction validation.
Robinhood is also expanding into additional banking, AI and advisory services.
First-quarter highlights included 50% revenue growth, 106% diluted EPS growth, an 8% increase in funded customers and 39% higher ARPU. Robinhood had $4.4 billion in cash and cash equivalents at quarter-end.
5. Shift4 Payments (FOUR)
Shift4 Payments by the numbers:
Shift4 Payments operates a payment processing platform merchants use to accept various payment types, including credit and debit cards, QR Pay, mobile wallet payments, Apple Pay and Google Pay. The company earns fees on transactions processed and offers subscriptions on its software and point-of-sale (POS) systems.
In 2024, Shift4 launched Pay with Crypto so its merchants can accept cryptocurrency as payment for e-commerce and POS transactions.
Shift4 provides more diversified crypto exposure than a bitcoin miner or crypto exchange. But the company is benefiting from and encouraging increased cryptocurrency adoption with its Pay with Crypto functionality. Shift4 was the first large payment processor to support cryptocurrency payments.
Shift4 has produced strong and consistent revenue, margin and profit growth since 2021. The operating margin improvement has been particularly impressive, from negative 3.58% in 2021 to 8.1% over the last 12 months. The company has found its niche in simplifying and consolidating payment solutions for customers in specific verticals. Shift4 is now expanding its strategy geographically through acquisitions as it gains momentum with enterprise clients.
First-quarter highlights included 35% volume growth, 20% higher revenue and 37% higher gross profit versus the prior-year quarter. Net income was 35% lower in the first quarter, but adjusted EBIDTA (earnings before interest, taxes, depreciation and amortization) was 38% higher.
Shift4 expects to increase 2025 volume and adjusted EBITDA by 33% and 28%, respectively.
6. Customers Bancorp (CUBI)
CUBI by the numbers:
Customers Bancorp provides banking and lending services to consumer and business customers, including digital asset owners. CUBI also supports private blockchain-based, real-time digital payments.
Like Shift4, Customers Bancorp is a financial company with crypto exposure rather than a pure crypto stock. The bank has two main differentiators: superior customer service and an emphasis on technology. CUBI's high-touch service approach earned it a net promoter score of 73 in the first quarter—far higher than the banking industry benchmark of 41. Its technology focus has secured its position as a preferred banking partner among tech startups.
In 2024, regulators ordered CUBI to improve its risk management practices after the collapse of two other banks that served digital asset customers. CUBI's leadership team has since worked to improve the company's risk management and regulatory compliance efforts. CUBI has also restructured its securities portfolio to improve balance sheet strength and liquidity.
Second-quarter highlights included a 14-basis-point increase in NIM and 2% higher total loans and leases. The bank also beat consensus estimates with an adjusted EPS of $1.80. Customers Bancorp expects to grow 2025 deposits 5% to 9%. Loans are on track to increase 8% to 11%. And expected net interest income growth is 7% to 10%.
Bottom Line
Cryptocurrencies and cryptocurrency stocks are volatile. Opt for companies with a crypto exposure level that suits your risk tolerance. Specifically, avoid bitcoin miners unless you can handle a wild ride—these stocks can be more volatile than bitcoin itself. You can also keep your allocation low until you are more comfortable with the industry's ups and downs. For more conventional investing ideas, see: best stocks for 2025.
