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Best Bitcoin Stocks To Follow Now - August 18th

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Key Points

  • TeraWulf, Marathon Digital, Bullish, IREN, and Riot Platforms are identified as the five key Bitcoin stocks to watch, reflecting high trading volumes and strong ties to Bitcoin’s price movements.
  • TeraWulf's stock experienced significant volatility, trading up to $10.07 with a market cap of $3.95 billion, while Marathon Digital's shares increased to $16.05 amid notable investor activity.
  • Riot Platforms operates through multiple segments including Bitcoin mining and data center hosting, with its stock rising to $12.22 and a market capitalization of $4.52 billion.
  • Looking to export and analyze TeraWulf data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

TeraWulf, Marathon Digital, Bullish, IREN, and Riot Platforms are the five Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are shares of publicly traded companies that derive significant revenue from Bitcoin-related activities—such as mining, payment processing, or holding large bitcoin reserves—or that maintain substantial bitcoin on their balance sheets. By buying these equities, investors gain indirect exposure to Bitcoin’s price movements without having to purchase or custody the cryptocurrency itself. These stocks often exhibit volatility closely tied to Bitcoin’s market swings. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

TeraWulf (WULF)

Shares of WULF traded up $1.10 during midday trading on Monday, hitting $10.07. 94,325,695 shares of the stock were exchanged, compared to its average volume of 45,050,621. TeraWulf has a 52-week low of $2.06 and a 52-week high of $10.71. The stock has a fifty day simple moving average of $4.92 and a 200 day simple moving average of $3.99. The firm has a market cap of $3.95 billion, a P/E ratio of -28.31 and a beta of 3.17. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.66 and a current ratio of 0.66.

Read Our Latest Research Report on WULF

Marathon Digital (MARA)

Shares of MARA traded up $0.38 during midday trading on Monday, hitting $16.05. 28,133,728 shares of the stock were exchanged, compared to its average volume of 42,015,930. Marathon Digital has a 52-week low of $9.81 and a 52-week high of $30.28. The stock has a fifty day simple moving average of $16.60 and a 200 day simple moving average of $15.06. The firm has a market cap of $5.95 billion, a P/E ratio of 14.41 and a beta of 6.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.54 and a current ratio of 0.54.

Read Our Latest Research Report on MARA

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

Shares of NYSE:BLSH traded down $5.37 during trading on Monday, hitting $64.17. The company's stock had a trading volume of 5,966,607 shares, compared to its average volume of 15,799,785. Bullish has a fifty-two week low of $62.82 and a fifty-two week high of $118.00.

Read Our Latest Research Report on BLSH

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.

NASDAQ:IREN traded up $1.39 during midday trading on Monday, reaching $21.08. The company had a trading volume of 16,014,912 shares, compared to its average volume of 18,742,834. The stock's fifty day simple moving average is $15.31 and its 200-day simple moving average is $10.58. IREN has a 12-month low of $5.13 and a 12-month high of $21.54.

Read Our Latest Research Report on IREN

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.

NASDAQ:RIOT traded up $0.89 during midday trading on Monday, reaching $12.22. The company had a trading volume of 18,898,711 shares, compared to its average volume of 33,059,031. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of -28.27 and a beta of 4.61. The stock's fifty day simple moving average is $11.74 and its 200-day simple moving average is $9.73. Riot Platforms has a 12-month low of $6.19 and a 12-month high of $15.87. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.18.

Read Our Latest Research Report on RIOT

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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