Bitcoin Stocks To Add to Your Watchlist – May 18th

IREN, BitMine Immersion Technologies, TeraWulf, Cipher Mining, Marathon Digital, Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock, and Riot Platforms are the seven Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” are publicly traded companies whose business performance is closely tied to Bitcoin, either because they hold Bitcoin on their balance sheet, mine Bitcoin, or provide services to the cryptocurrency industry. For stock market investors, the term usually refers to a way to gain indirect exposure to Bitcoin’s price movements through traditional stocks rather than buying Bitcoin 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.

BitMine Immersion Technologies (BMNR)

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

TeraWulf (WULF)

Cipher Mining (CIFR)

Marathon Digital (MARA)

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software.

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.