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Bitcoin Stocks To Add to Your Watchlist - April 14th

IREN logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • Five Bitcoin stocks to watch: MarketBeat highlights IREN, STRC, CIFR, WULF and MARA as the top Bitcoin-related equities by recent dollar trading volume.
  • Exposure and risks: These "Bitcoin stocks" provide indirect, regulated exposure to Bitcoin but still carry company-specific operational, regulatory and liquidity risks plus cryptocurrency volatility.
  • Company notes: IREN (formerly Iris Energy) runs Bitcoin-mining data centers from Sydney, while Strategy Inc (STRC) functions as a Bitcoin treasury and analytics provider offering various securities for Bitcoin exposure.
  • Five stocks to consider instead of IREN.

IREN, Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock, Cipher Mining, TeraWulf, and Marathon Digital are the five Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. "Bitcoin stocks" are publicly traded companies whose business models or balance sheets give investors exposure to Bitcoin — for example miners, exchanges, hardware suppliers, or firms that hold large BTC reserves. For stock market investors, these equities offer an indirect, regulated way to gain exposure to Bitcoin's price and ecosystem, while still carrying company-specific operational, regulatory, and liquidity risks in addition to cryptocurrency volatility. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

IREN (IREN)

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Read Our Latest Research Report on IREN

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software.

Read Our Latest Research Report on STRC

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

TeraWulf (WULF)

Read Our Latest Research Report on WULF

Marathon Digital (MARA)

Read Our Latest Research Report on MARA

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Should You Invest $1,000 in IREN Right Now?

Before you consider IREN, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IREN wasn't on the list.

While IREN currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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