Best Bitcoin Stocks To Watch Now – January 17th

IREN, Riot Platforms, 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 whose business or balance sheet is materially tied to Bitcoin — for example, miners, exchanges, custodians, payment firms, or companies that hold large bitcoin reserves. They offer investors an indirect way to gain exposure to Bitcoin’s price movements but also carry company-specific equity risks (operational, regulatory, and management) that can cause their returns to differ from the cryptocurrency 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.

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.

Cipher Mining (CIFR)