IREN, Marathon Digital, Riot Platforms, Cipher Mining, TeraWulf, Cleanspark, and Core Scientific are the seven Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are shares of publicly traded companies that derive a significant portion of their business value from Bitcoin—either by mining it, holding it on their balance sheets, or providing related services. By investing in these equities, investors gain indirect exposure to Bitcoin’s price movements within the framework of regulated stock exchanges. Examples include mining firms such as Marathon Digital and corporate holders like MicroStrategy. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.
IREN (IREN)
Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
Shares of NASDAQ:IREN traded up $1.23 during mid-day trading on Friday, reaching $16.89. 42,840,935 shares of the company's stock were exchanged, compared to its average volume of 16,642,880. IREN has a twelve month low of $5.13 and a twelve month high of $18.54. The business's fifty day moving average price is $9.41 and its 200-day moving average price is $9.26.
Read Our Latest Research Report on IREN
Marathon Digital (MARA)
Shares of MARA traded down $0.08 during mid-day trading on Friday, reaching $17.72. 32,142,502 shares of the company were exchanged, compared to its average volume of 45,162,209. The business has a 50 day simple moving average of $15.16 and a two-hundred day simple moving average of $15.50. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market capitalization of $6.24 billion, a PE ratio of -12.22 and a beta of 6.53. Marathon Digital has a 52 week low of $9.81 and a 52 week high of $30.28.
Read Our Latest Research Report on MARA
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.
Shares of NASDAQ:RIOT traded down $0.03 during trading on Friday, reaching $12.17. The stock had a trading volume of 27,630,626 shares, compared to its average volume of 28,575,521. Riot Platforms has a 52 week low of $6.19 and a 52 week high of $15.87. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.23 and a current ratio of 3.23. The firm's fifty day moving average is $9.23 and its 200 day moving average is $9.64. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of -9.22 and a beta of 4.57.
Read Our Latest Research Report on RIOT
Cipher Mining (CIFR)
Cipher Mining stock traded up $0.38 during trading hours on Friday, reaching $6.06. 49,906,013 shares of the company's stock were exchanged, compared to its average volume of 14,508,945. The firm's 50 day simple moving average is $3.66 and its 200 day simple moving average is $4.04. Cipher Mining has a twelve month low of $1.86 and a twelve month high of $7.99. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $2.03 billion, a PE ratio of -16.82 and a beta of 2.72.
Read Our Latest Research Report on CIFR
TeraWulf (WULF)
WULF traded up $0.21 during trading on Friday, hitting $5.25. The company's stock had a trading volume of 53,225,733 shares, compared to its average volume of 32,910,768. The firm has a market capitalization of $2.02 billion, a P/E ratio of -15.89 and a beta of 3.11. TeraWulf has a twelve month low of $2.06 and a twelve month high of $9.30. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 3.03. The stock's fifty day moving average price is $3.82 and its 200-day moving average price is $4.14.
Read Our Latest Research Report on WULF
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.
NASDAQ CLSK traded down $0.19 on Friday, hitting $12.30. 20,908,929 shares of the company were exchanged, compared to its average volume of 27,974,749. The stock has a fifty day moving average of $9.52 and a 200-day moving average of $9.34. Cleanspark has a 12 month low of $6.45 and a 12 month high of $20.49. The company has a market cap of $3.45 billion, a PE ratio of -12.81 and a beta of 4.23.
Read Our Latest Research Report on CLSK
Core Scientific (CORZ)
Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.
Shares of CORZ traded up $0.49 during trading hours on Friday, hitting $18.05. The stock had a trading volume of 13,347,625 shares, compared to its average volume of 13,263,070. Core Scientific has a 1-year low of $6.20 and a 1-year high of $18.63. The firm has a market capitalization of $5.38 billion, a P/E ratio of -3.59 and a beta of 6.71. The firm has a 50 day simple moving average of $11.50 and a 200-day simple moving average of $11.14.
Read Our Latest Research Report on CORZ
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