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Promising Bitcoin Stocks Worth Watching - April 24th

IREN logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • IREN, TeraWulf (WULF), and BitMine Immersion Technologies (BMNR) were flagged by MarketBeat's screener as the top Bitcoin stocks to watch today based on the highest recent dollar trading volume.
  • IREN operates bitcoin mining data centers (formerly Iris Energy) out of Sydney, while BitMine focuses on immersion-cooling technology for mining, meaning both companies' performance is closely tied to bitcoin mining operations.
  • MarketBeat warns that investing in Bitcoin stocks offers equity exposure to bitcoin's price movements but brings company-specific, regulatory, and operational risks that differ from holding bitcoin directly.
  • Interested in IREN? Here are five stocks we like better.

IREN, TeraWulf, and BitMine Immersion Technologies are the three Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. "Bitcoin stocks" are shares of publicly traded companies whose business models or balance sheets are significantly tied to bitcoin—for example, miners, exchanges, firms that hold large bitcoin reserves, or companies providing bitcoin-related services and infrastructure. Investors use them to gain exposure to bitcoin's price movements through equities, while accepting company-specific, regulatory, and operational risks that make them different from holding bitcoin 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

TeraWulf (WULF)

Read Our Latest Research Report on WULF

BitMine Immersion Technologies (BMNR)

BitMine Immersion Technologies Inc. focused on bitcoin mining using immersion technology. BitMine Immersion Technologies Inc. is based in ATLANTA, GA.

Read Our Latest Research Report on BMNR

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 reporting and unbiased coverage. 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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