Bitcoin Stocks To Follow Today – May 16th
by Doug Wharley · The Cerbat GemIREN, BitMine Immersion Technologies, TeraWulf, Marathon Digital, and Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” are shares of publicly traded companies whose business is closely tied to Bitcoin, either by mining it, holding it on their balance sheets, building infrastructure for it, or operating services related to the cryptocurrency. Stock market investors use the term to describe equities that may gain or lose value based on Bitcoin’s price and broader adoption trends, even though they are not 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.
Read Our Latest Research Report on IREN
BitMine Immersion Technologies (BMNR)
BitMine Immersion Technologies Inc. focused on bitcoin mining using immersion technology. BitMine Immersion Technologies Inc. is based in ATLANTA, GA.
Read Our Latest Research Report on BMNR
TeraWulf (WULF)
Read Our Latest Research Report on WULF
Marathon Digital (MARA)
Read Our Latest Research Report on 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.
Read Our Latest Research Report on STRC