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Bitcoin Stocks To Keep An Eye On - September 30th

IREN logo with Finance background

Key Points

  • Bitcoin stocks to watch include IREN, Riot Platforms, and Marathon Digital, which have shown significant trading volume recently.
  • IREN Limited is a bitcoin mining company based in Australia that has seen a 186% year-to-date increase thanks to a pivot towards AI technology.
  • Riot Platforms operates in multiple segments, including bitcoin mining and data center hosting, providing essential infrastructure for large-scale mining operations.
  • MarketBeat previews top five stocks to own in October.

IREN, Riot Platforms, and Marathon Digital are the three Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are shares of publicly traded companies that derive significant revenue from bitcoin-related activities—such as mining operations, corporate holdings of bitcoin on their balance sheets, or operating cryptocurrency exchanges. They offer stock market investors an indirect way to gain exposure to bitcoin’s price movements without holding the digital asset directly. Common examples include mining firms (Marathon Digital, Riot Platforms), corporate adopters (MicroStrategy) and crypto exchanges (Coinbase). 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

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

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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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