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Top Bitcoin Stocks To Research - October 12th

IREN logo with Finance background

Key Points

  • Top Bitcoin stocks to watch include IREN Limited, Marathon Digital, and Cipher Mining, which have recently had the highest dollar trading volume among Bitcoin stocks.
  • IREN Limited, formerly Iris Energy, operates bitcoin mining data centers and has seen a 186% increase YTD due to its AI pivot.
  • Investors in Bitcoin stocks gain indirect exposure to cryptocurrency performance through a regulated stock market environment while facing company-specific risks.
  • Interested in IREN? Here are five stocks we like better.

IREN, Marathon Digital, and Cipher Mining 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 substantial revenues from bitcoin‐related activities—such as mining, holding large reserves of bitcoin, or providing blockchain and custodial services—and thus offer investors indirect exposure to the cryptocurrency. By buying these equities, stock market investors can participate in bitcoin’s upside (and downside) through a regulated exchange environment, while also assuming company-specific business and market risks. 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

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

See Also

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

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

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