3 Best-performing Canadian Crypto-Mining Stocks in 2026

Cryptocurrencies are digital currencies that are independent of traditional banking systems. They exist on a blockchain, a secure and immutable transaction record shared among many computer nodes in a network.

The most well-known crypto is Bitcoin, and the process of generating new Bitcoin units is called mining. When Bitcoin was new, it was easy enough for tech-savvy individuals to mine their own tokens using store-bought hardware. However, as Bitcoin has grown in popularity and price, mining has become a difficult and expensive process.

These days most mining is done at the industrial level. Buying shares of companies that mine crypto or provide crypto services is a way for investors to gain exposure to the market without holding crypto assets themselves. Some crypto stocks are also diversifying their computing infrastructure to the artificial intelligence (AI) and cloud industries as well.

Here Investing News Network has rounded up the Canadian crypto miners and crypto-related companies with the biggest year-on-year share price gains. Figures were obtained using TradingView’s stock screener on March 27, 2026.

​1. Hut 8 (TSX:HUT)

Year-on-year gain: 262.93 percent
Market cap: C$7.77 billion
Current share price: C$65.80

Hut 8, an energy infrastructure operator and Bitcoin miner, runs data centers across North America, offering self-mining, hosting and managed services. Additionally, the company serves as American Bitcoin’s (NASDAQ:ABTC) exclusive infrastructure and operations partner via long-term commercial agreements. The Bitcoin company, which went public in September 2025, is an 80 percent owned subsidiary of Hut 8.

Currently Hut 8 is accelerating a pivot toward AI infrastructure. It ended 2025 by signing a 15 year, US$7 billion deal with Fluidstack to lease out 245 megawatts of IT capacity at Hut 8’s River Bend data center campus in Louisiana, US.

In February, Hut 8 reported its Q4 and full‑year 2025 results, highlighting its first AI infrastructure transaction.

Revenue came in at US$235.1 million, with US$202.3 million from ASIC compute, US$23.2 million from power generation and managed services and US$9.6 million from digital infrastructure.

The company also closed the sale of its 310 megawatt natural gas power portfolio in Ontario, Canada, to TransAlta (TSX:TA,NYSE:TAC), with plans to redeploy capital into its data center development pipeline.

2. Keel Infrastructure (TSX:KEEL)

Year-on-year gain: 97.12 percent
Market cap: C$1.6 billion
Current share price: C$2.74

Keel Infrastructure, formerly Bitfarms, is a digital infrastructure company that operates in the US states of Pennsylvania and Washington, and the Canadian province of Québec. It began as a vertically integrated Bitcoin miner operating hydro and other low-cost energy sites across the Americas. The company designs, builds and operates its own facilities, historically generating revenue from self-mining and hosting.

Keel changed its name and redomiciled to the US in April as part of its business transition towards high-performance computing (HPC) and AI data centers using its existing power footprint and engineering expertise.

It is focusing on repurposing select sites and securing partnerships and capital to offer GPU-powered compute services to enterprise and AI clients as mining economics tighten.

Keel reported 2025 fiscal year revenue of US$229 million, up 72 percent year‑on‑year. It held US$161 million in unencumbered Bitcoin as of March 27, which it plans to sell opportunistically to fund its new strategy.

3. Hive Digital Technologies (TSXV:HIVE)

Year-on-year gain: 6.25 percent
Market cap: C$683.24 million
Current share price: C$2.55

HIVE Digital Technologies, formerly HIVE Blockchain, is a Vancouver-based operator of green-powered data centers that combine Bitcoin mining with HPC and AI cloud services.

Leveraging renewable energy assets in Canada, Sweden and Paraguay, as well as a fleet of GPUs, HIVE aims to monetize both blockchain and AI demand by providing digital asset mining, hosting and emerging sovereign AI infrastructure through its BUZZ HPC platform, while expanding its capacity via land acquisitions and partnerships.

In its Q3 2026 fiscal year results, released in February, HIVE posted record quarterly revenue of US$93.1 million as both its Bitcoin-mining fleet scale out and BUZZ cloud demand accelerated.

HIVE is targeting up to about 35 EH/s of Bitcoin hashrate in 2026, driven by an ongoing 10 EH/s expansion at its Paraguay mining operations; it is expected to come online in the third quarter of the calendar year.

It is also scaling its AI and HPC revenue, announcing in mid-February that it signed roughly US$30 million in AI cloud contracts backed by more than 500 liquid‑cooled Dell Technologies (NYSE:DELL) GPU servers.

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Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.