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Promising Bitcoin Stocks To Add to Your Watchlist - October 2nd

IREN logo with Finance background

Key Points

  • MarketBeat highlights five Bitcoin stocks to watch: IREN, Marathon Digital, Cipher Mining, Cleanspark, and Riot Platforms, which have shown high trading volumes recently.
  • IREN Limited is gaining traction with a 186% year-to-date increase due to its pivot towards AI technology alongside its Bitcoin mining operations.
  • CleanSpark focuses on low-carbon power for its Bitcoin mining data centers, promoting sustainability in the cryptocurrency industry.
  • Five stocks we like better than IREN.

IREN, Marathon Digital, Cipher Mining, Cleanspark, and Riot Platforms are the five Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are shares of publicly traded companies that gain exposure to Bitcoin’s price movements by holding Bitcoin on their balance sheets, operating Bitcoin mining facilities, or offering blockchain-related services. By buying these equities, investors can participate in the potential upside of the cryptocurrency market without directly owning or managing Bitcoin wallets. 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

Marathon Digital (MARA)

Read Our Latest Research Report on MARA

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

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

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

Featured Articles

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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