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Bitcoin Stocks To Consider - October 19th

IREN logo with Finance background

Key Points

  • IREN, Cipher Mining, and Marathon Digital are the top Bitcoin stocks to monitor, as identified by MarketBeat's stock screener tool, all linked to significant trading volume recently.
  • IREN Limited has seen a remarkable 186% increase year-to-date, bolstered by a pivot towards AI alongside its Bitcoin mining operations.
  • Investors in Bitcoin equities should be aware of company-specific risks that can complicate their correlation with Bitcoin's price movements.
  • MarketBeat previews the top five stocks to own by November 1st.

IREN, Cipher Mining, and Marathon Digital are the three Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. "Bitcoin stocks" commonly refers to publicly traded companies whose business models, assets, or revenues are directly tied to Bitcoin—for example, Bitcoin miners, firms that hold large Bitcoin reserves, crypto exchanges, or companies providing related infrastructure and services. Investors use these equities for indirect exposure to Bitcoin price moves, but they carry company-specific, operational, and regulatory risks that can amplify or diverge from Bitcoin’s performance. 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

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

Marathon Digital (MARA)

Read Our Latest Research Report on MARA

Further Reading

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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