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Promising Bitcoin Stocks To Follow Now - August 28th

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Key Points

  • Marathon Digital, IREN, Riot Platforms, TeraWulf, and Bullish are highlighted as the top Bitcoin stocks to watch, according to MarketBeat, due to their significant revenue from Bitcoin-related activities.
  • Investing in these Bitcoin stocks offers indirect exposure to Bitcoin’s price fluctuations while also carrying the operational risks associated with each company.
  • Riot Platforms operates as a comprehensive Bitcoin mining company in North America, offering services such as data center hosting and engineering support for institutional-scale miners.
  • Looking to export and analyze Marathon Digital data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Marathon Digital, IREN, Riot Platforms, TeraWulf, and Bullish are the five 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, custody services—or that hold Bitcoin on their balance sheets. Investing in these equities offers indirect exposure to Bitcoin’s price swings while also exposing investors to the corporate and operational risks of the underlying businesses. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

Marathon Digital (MARA)

Read Our Latest Research Report on MARA

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

TeraWulf (WULF)

Read Our Latest Research Report on WULF

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

Read Our Latest Research Report on BLSH

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 Marathon Digital Right Now?

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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 Marathon Digital wasn't on the list.

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

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