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Bitcoin Stocks To Keep An Eye On - September 28th

IREN logo with Finance background

Key Points

  • IREN Limited is highlighted as a top-performing Bitcoin stock, showing a 186% increase year-to-date, largely due to its pivot towards AI technology.
  • The stocks to watch in the Bitcoin sector include Cipher Mining, Riot Platforms, Marathon Digital, Cleanspark, TeraWulf, and Bit Digital, all of which have shown significant trading volume recently.
  • These companies are directly tied to Bitcoin through activities like mining, holding Bitcoin, or providing related hardware and software services, offering investors indirect exposure to Bitcoin's price movements.
  • Five stocks to consider instead of IREN.

IREN, Cipher Mining, Riot Platforms, Marathon Digital, Cleanspark, TeraWulf, and Bit Digital are the seven Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. “Bitcoin stocks” refers to shares of publicly traded companies whose business models or balance sheets are directly tied to the price and adoption of Bitcoin. Examples include firms that mine Bitcoin, hold it on their balance sheets, or develop hardware and software for the Bitcoin ecosystem. Stock market investors buy these equities to gain regulated, indirect exposure to Bitcoin’s price movements without owning the cryptocurrency itself. 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

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

Marathon Digital (MARA)

Read Our Latest Research Report on MARA

Cleanspark (CLSK)

CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc.

Read Our Latest Research Report on CLSK

TeraWulf (WULF)

Read Our Latest Research Report on WULF

Bit Digital (BTBT)

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications.

Read Our Latest Research Report on BTBT

Featured Stories

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

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