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Promising Bitcoin Stocks To Follow Now - September 10th

IREN logo with Finance background

Key Points

  • Bitcoin stocks, including IREN, Marathon Digital, Riot Platforms, TeraWulf, and Cipher Mining, are noteworthy as their trading activities are closely linked to Bitcoin's price movements.
  • IREN has seen a remarkable 186% year-to-date increase attributed to its pivot towards AI, positioning it as a strong contender in the Bitcoin market.
  • Riot Platforms operates in multiple segments related to Bitcoin, such as mining and data center hosting, highlighting the diverse opportunities within the cryptocurrency ecosystem.
  • MarketBeat previews top five stocks to own in October.

IREN, Marathon Digital, Riot Platforms, TeraWulf, and Cipher Mining are the five Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are shares of publicly traded companies whose business activities are directly tied to bitcoin—whether through mining operations, holding bitcoin on their balance sheets, or providing blockchain-related services. By buying these equities, investors gain stock-market exposure to bitcoin’s price movements and the broader cryptocurrency ecosystem without having to own 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

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

TeraWulf (WULF)

Read Our Latest Research Report on WULF

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

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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.

View The Five Stocks Here

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