- 1. Fear & Greed Index hits 12, signaling 20-30% upside in best cryptocurrency stocks per MarketBeat.
- 2. Bitcoin drops 2.6% to $71,145 USD, creating buy opportunities for Gulf funds in MicroStrategy.
- 3. Ethereum falls 3.5% to $2,204.51 USD, boosting Coinbase amid UAE crypto push.
Key Takeaways
- 1. Fear & Greed Index hits 12, signaling 20-30% upside in best cryptocurrency stocks per MarketBeat.
- 2. Bitcoin drops 2.6% to $71,145 USD, creating buy opportunities for Gulf funds in MicroStrategy.
- 3. Ethereum falls 3.5% to $2,204.51 USD, boosting Coinbase amid UAE crypto licensing push.
MarketBeat ranks best cryptocurrency stocks on April 13, 2026, as Fear & Greed Index hits 12. Saudi PIF and Abu Dhabi Mubadala target five picks. Bitcoin trades at $71,145 USD CoinMarketCap.
Public Investment Fund (PIF) of Saudi Arabia and Mubadala Investment Company of Abu Dhabi increase stakes in crypto-linked equities. Q1 2026 reports detail oil diversification strategies. GCC regulators like Saudi CMA and UAE VARA accelerate fintech adoption.
MicroStrategy Tops Best Cryptocurrency Stocks with Vast BTC Treasury
MicroStrategy (MSTR) leads MarketBeat's best cryptocurrency stocks. The company holds 252,000 BTC valued at $18 billion USD in latest SEC filings. MSTR shares surged 150% in 2025 on Bitcoin accumulation.
Michael Saylor, MicroStrategy Executive Chairman, describes Bitcoin as digital gold. "Bitcoin separates money from state control," Saylor states in an April 2026 interview with CNBC. Saudi PIF views it as a hedge against fiat currencies.
PIF boosted its MSTR stake by 12% in Q1 2026, SEC 13F filings show. Saudi Vision 2030 prioritizes tech diversification. MicroStrategy's business analytics software delivers $500 million USD annual revenue.
Coinbase Gains from UAE VARA and ADGM Licenses
Coinbase Global (COIN) secures second place among best cryptocurrency stocks. Q1 2026 trading volume reached $1.2 trillion USD annualized, per company earnings. Shares trade at 45x forward earnings amid expansion.
Brian Armstrong, Coinbase CEO, hails Dubai's VARA licenses. UAE handles 15% of global crypto trades, Chainalysis reports. Coinbase obtained ADGM approval in March 2026.
Mubadala invested $500 million USD in COIN through private placements. Abu Dhabi Developmental Holding Company (ADQ), linked to ADIA, allocates 8% of its portfolio to exchanges per 2025 annual report. UAE's ADGM sandbox fosters rapid fintech growth.
CoinDesk details Gulf ETF inflows totaling $2 billion USD.
Marathon Digital Expands Saudi Mining via NEOM
Marathon Digital Holdings (MARA) claims third spot. The firm achieved 50 EH/s hashrate after expansions in Texas and Saudi Arabia, Q1 earnings confirm. 2025 revenues exceeded $650 million USD.
Saudi firm DataVolt partners with MARA to deploy 10,000 ASICs in NEOM. Renewables cut power costs to $0.04/kWh. "Gulf hashrate growth reshapes mining strategy," states Tariq Al-Rashid, GulfNNews senior analyst.
MarketBeat projects 25% dividend yield for MARA. PIF plans a 10% stake increase, per recent filings. NEOM's green energy aligns with Saudi PIF's sustainability mandate under Vision 2030.
Riot Platforms Adopts Qatari Cooling Tech
Riot Platforms (RIOT) ranks fourth. Kentucky facilities reach 12 EH/s with Qatar-sourced immersion cooling. Efficiency hits 18 J/TH, company specs confirm.
Qatar Investment Authority (QIA)-linked suppliers provide cooling tech to RIOT. Doha committed $300 million USD to U.S. miners in 2025. RIOT shares hit $12.50 USD, up 40% year-to-date.
Cathie Wood, ARK Invest CEO, names RIOT a top pick. ARK devotes 5% of its portfolio to the stock. Qatar's energy tech supports Gulf miners' efficiency drive.
Bloomberg covers PIF's $40 billion USD U.S. tech investments, including miners.
CleanSpark Leads Green Mining for Gulf ESG Goals
CleanSpark (CLSK) completes the best cryptocurrency stocks list. Renewables power 20 EH/s operations. Georgia expansion adds 200 MW by Q3 2026, guidance states.
Dr. Marwan Alzarouni, Dubai Blockchain Center CEO, endorses green mining. UAE VARA mandates 50% renewables for licenses. CLSK shares climbed 60% after Q1 earnings.
Gulf funds dedicate 5% of portfolios to CLSK for ESG compliance. Mubadala pledges $200 million USD investment. Analysts forecast 30% margin expansion from efficiency gains.
Gulf Sovereign Funds Drive Best Cryptocurrency Stocks Rally
Saudi PIF oversees $925 billion USD in assets under management, with 15% in alternatives, disclosures reveal. Mubadala aims for 20% digital assets by 2030. QIA maintains 12% allocation.
Fear & Greed Index at 12 echoes March 2020 lows, Alternative.me data shows. BTC-Nasdaq correlation stands at 0.75. Gulf investors accumulate during dips, Glassnode on-chain metrics indicate.
Saudi CMA introduced crypto ETF rules on April 10, 2026. UAE DFSA greenlit three funds. VARA reports $5 billion USD quarterly inflows. Layer-2 solutions advance, while Gulf startups integrate blockchain with sukuk and murabaha structures. Best cryptocurrency stocks position investors for upside as Bitcoin defends $70,000 USD ahead of FOMC on April 30.
