Bitcoin Stocks To Add to Your Watchlist – May 8th

IREN, TeraWulf, BitMine Immersion Technologies, Cipher Mining, and Marathon Digital are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” are shares of companies whose business models, revenues, or balance-sheet assets are closely tied to Bitcoin — for example, miners, crypto exchanges, hardware or infrastructure providers, and firms that hold significant bitcoin reserves. These equities often move with Bitcoin’s price and adoption trends but also carry company-specific and stock-market risks, so they are not perfect substitutes for 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.

TeraWulf (WULF)

BitMine Immersion Technologies (BMNR)

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

Cipher Mining (CIFR)

Marathon Digital (MARA)