Marathon Digital, Riot Platforms, IREN, Cleanspark, and TeraWulf are the five Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are publicly traded shares of companies whose core business or investment strategy revolves around Bitcoin, including miners, trading platforms, or firms holding large Bitcoin reserves. They allow investors to gain exposure to Bitcoin’s price movements and industry growth through the traditional stock market rather than by directly buying and storing the cryptocurrency. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.
Marathon Digital (MARA)
Shares of NASDAQ:MARA traded up $0.48 during mid-day trading on Wednesday, reaching $17.09. The stock had a trading volume of 31,932,925 shares, compared to its average volume of 42,630,000. The business's 50 day moving average price is $16.43 and its 200 day moving average price is $15.36. Marathon Digital has a 1 year low of $9.81 and a 1 year high of $30.28. The company has a market cap of $6.02 billion, a P/E ratio of -11.82 and a beta of 6.53. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.62.
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 up $0.13 during midday trading on Wednesday, reaching $13.73. 7,977,231 shares of the stock traded hands, compared to its average volume of 33,554,613. The company's 50 day moving average is $10.98 and its 200 day moving average is $9.82. Riot Platforms has a one year low of $6.19 and a one year high of $15.87. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.23 and a quick ratio of 3.23. The stock has a market capitalization of $4.90 billion, a PE ratio of -10.38 and a beta of 4.57.
Read Our Latest Research Report on RIOT
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 IREN traded up $0.22 during midday trading on Wednesday, hitting $16.01. The stock had a trading volume of 6,440,767 shares, compared to its average volume of 18,611,129. The stock's 50 day moving average is $12.95 and its 200 day moving average is $9.98. IREN has a 1 year low of $5.13 and a 1 year high of $21.54.
Read Our Latest Research Report on IREN
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.
Shares of Cleanspark stock traded up $0.09 during trading on Wednesday, hitting $11.82. 6,400,002 shares of the stock traded hands, compared to its average volume of 25,701,119. Cleanspark has a 52-week low of $6.45 and a 52-week high of $17.97. The stock's fifty day simple moving average is $10.72 and its 200 day simple moving average is $9.57. The firm has a market cap of $3.32 billion, a P/E ratio of -12.30 and a beta of 4.23.
Read Our Latest Research Report on CLSK
TeraWulf (WULF)
Shares of WULF traded down $0.01 during mid-day trading on Wednesday, hitting $5.22. The company's stock had a trading volume of 11,240,842 shares, compared to its average volume of 43,149,035. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 3.03. The company's 50-day moving average is $4.45 and its 200-day moving average is $4.00. TeraWulf has a 52-week low of $2.06 and a 52-week high of $9.30. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of -15.80 and a beta of 3.11.
Read Our Latest Research Report on WULF
Further Reading
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