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Top Bitcoin Stocks To Consider - May 4th

IREN logo with Finance background
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Key Points

  • MarketBeat's screener flags seven Bitcoin-related stocks with the highest recent dollar trading volume: IREN, BMNR (BitMine), WULF (TeraWulf), MARA (Marathon Digital), CIFR (Cipher), RIOT (Riot Platforms), and CLSK (CleanSpark).
  • These companies — mainly miners, data-center operators and service providers tied to Bitcoin — offer a way to gain exposure to Bitcoin's price moves while introducing company-specific operational, regulatory and market risks that differ from holding BTC directly.
  • Notable specifics: IREN (formerly Iris Energy) runs bitcoin mining data centers from Sydney, BitMine focuses on immersion cooling technology, CleanSpark emphasizes low-carbon power operations, and Riot provides mining, data-center hosting and co-location services.
  • Five stocks to consider instead of IREN.

IREN, BitMine Immersion Technologies, TeraWulf, Marathon Digital, Cipher Mining, Riot Platforms, and Cleanspark are the seven Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. "Bitcoin stocks" are shares of publicly traded companies whose business models, services, or balance sheets are closely tied to Bitcoin — for example, miners, exchanges, wallet/custody providers, hardware or software vendors, or firms that hold significant BTC. For stock market investors, these equities offer a way to gain exposure to Bitcoin's price movements and ecosystem growth while also introducing company-specific operational, regulatory, and market risks that differ from owning 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

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

TeraWulf (WULF)

Read Our Latest Research Report on WULF

Marathon Digital (MARA)

Read Our Latest Research Report on MARA

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

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

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

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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.

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