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Bitcoin Stocks To Add to Your Watchlist - February 11th

IREN logo with Finance background
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Key Points

  • MarketBeat's screener flags five Bitcoin stocks to watch: IREN, TeraWulf (WULF), Cipher Mining (CIFR), Marathon Digital (MARA), and Riot Platforms (RIOT), which had the highest dollar trading volume among Bitcoin stocks in recent days.
  • These "Bitcoin stocks" offer investors indirect exposure to Bitcoin price moves (via miners, exchanges, and firms holding BTC) while carrying distinct corporate, regulatory, and operational risks versus owning Bitcoin directly.
  • Company notes: IREN operates bitcoin-mining data centers out of Sydney, and Riot Platforms is a North American bitcoin miner that also provides data center hosting, co-location, and engineering services.
  • MarketBeat previews the top five stocks to own by May 1st.

IREN, TeraWulf, Cipher Mining, Marathon Digital, and Riot Platforms are the five Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. "Bitcoin stocks" refers to shares of publicly traded companies whose business activities or balance sheets give investors indirect exposure to Bitcoin price movements—examples include miners, crypto exchanges, and firms holding large amounts of BTC. They let stock market investors participate in the upside or downside of the crypto market while still carrying separate corporate, regulatory and operational risks that differ from owning Bitcoin directly. 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

TeraWulf (WULF)

Read Our Latest Research Report on WULF

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

Marathon Digital (MARA)

Read Our Latest Research Report on MARA

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Read Our Latest Research Report on RIOT

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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.

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