Bitcoin Stocks To Add to Your Watchlist – October 16th

IREN, Marathon Digital, and Cleanspark are the three Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” refers to publicly traded companies whose business models, revenues, or balance sheets are closely tied to Bitcoin—such as miners, crypto exchanges, wallet/service providers, or firms that hold significant amounts of bitcoin on their balance sheet. For stock market investors, these shares offer an indirect way to gain exposure to Bitcoin’s price movements and industry growth while still carrying company-specific risks and not necessarily tracking Bitcoin’s price exactly. 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.

Marathon Digital (MARA)

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.