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Promising Bitcoin Stocks To Add to Your Watchlist - September 22nd

IREN logo with Finance background

Key Points

  • IREN Limited, formerly Iris Energy Limited, has surged 186% YTD and focuses on bitcoin mining data centers.
  • Marathon Digital and Riot Platforms are also highlighted as key Bitcoin stocks, with Riot operating in North America across multiple segments, including bitcoin mining and data center hosting.
  • Investing in these stocks allows investors to gain indirect exposure to Bitcoin's price movements without holding the cryptocurrency directly.
  • Interested in IREN? Here are five stocks we like better.

IREN, Marathon Digital, and Riot Platforms 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, cryptocurrency exchanges, or holding substantial Bitcoin reserves. By buying these equities, investors gain indirect exposure to Bitcoin’s price movements and the broader crypto ecosystem without having to own the digital currency directly. 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

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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.

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