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Bitcoin Stocks Worth Watching - September 26th

IREN logo with Finance background

Key Points

  • IREN, Cipher Mining, and Riot Platforms are the top Bitcoin stocks to watch based on trading volume, representing companies closely linked to Bitcoin through mining and blockchain technology.
  • IREN Limited has gained 186% year-to-date due to its pivot towards AI, showcasing significant growth potential beyond its original bitcoin mining operations.
  • Riot Platforms offers a range of services including Bitcoin mining, data center hosting, and engineering, establishing itself as a key player in the North American bitcoin mining industry.
  • Five stocks to consider instead of IREN.

IREN, Cipher Mining, and Riot Platforms are the three Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. “Bitcoin stocks” refers to shares of publicly traded companies whose core business activities, revenue streams, or asset holdings are closely tied to Bitcoin. These typically include Bitcoin mining firms, blockchain technology providers, and corporations that hold significant amounts of Bitcoin on their balance sheets. By buying these stocks, investors gain indirect exposure to Bitcoin’s price movements and the broader cryptocurrency ecosystem without owning the digital currency 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

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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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