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Bitcoin Stocks To Watch Today - October 18th

IREN logo with Finance background

Key Points

  • IREN Limited, Cipher Mining, and Marathon Digital are highlighted as the top Bitcoin stocks to watch today, noted for having the highest trading volumes recently.
  • These Bitcoin stocks are particularly sensitive to the price movements of Bitcoin and carry added operational and regulatory risks compared to standard equities.
  • IREN Limited has experienced a substantial increase of 186% year-to-date due to its pivot towards integrating AI with its Bitcoin mining operations.
  • MarketBeat previews top five stocks to own in November.

IREN, Cipher Mining, 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 whose business models or balance-sheet holdings give them direct exposure to Bitcoin—for example, miners, cryptocurrency exchanges, and firms that hold significant BTC (such as MicroStrategy). Because their revenues or asset values are tied to Bitcoin’s price and the crypto market, these stocks tend to move with Bitcoin and carry additional operational, regulatory, and market-risk beyond typical equities. 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

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

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

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