Free Trial

Bitcoin Stocks To Research - November 12th

IREN logo with Technology background
Image from MarketBeat Media, LLC.

Key Points

  • Seven Bitcoin-related stocks flagged for research based on recent dollar trading volume: IREN, TeraWulf, BitMine Immersion Technologies, Riot Platforms, Cipher Mining, MARA, and Strategy’s STRC preferred stock.
  • These stocks represent varied exposure to Bitcoin—including mining, treasury holdings, and infrastructure—and are not equivalent to owning Bitcoin; company operations and risks also affect their prices.
  • Thursday trading was mixed: IREN, BitMine, MARA, and STRC fell, while TeraWulf, Riot, and Cipher Mining rose. IREN traded at $19.72, well below its 52-week high of $70.71.
  • Five stocks we like better than IREN.

IREN, TeraWulf, BitMine Immersion Technologies, Riot Platforms, Cipher Mining, MARA, and Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock are the seven Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. “Bitcoin stocks” is an informal term for shares of publicly traded companies with significant exposure to Bitcoin, such as Bitcoin miners, companies that hold Bitcoin, or businesses tied to its trading and infrastructure. Their prices may be influenced by Bitcoin’s price, but also by the companies’ own operations and risks; they are not the same as 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.

Shares of NASDAQ:IREN traded down $1.12 on Thursday, reaching $19.72. 40,788,556 shares of the company traded hands, compared to its average volume of 45,056,742. IREN has a fifty-two week low of $17.16 and a fifty-two week high of $70.71. The company's 50 day moving average is $34.92 and its 200-day moving average is $43.10. The stock has a market capitalization of $7.77 billion, a PE ratio of -4.84 and a beta of 4.33. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.60 and a quick ratio of 1.60.

Read Our Latest Research Report on IREN

TeraWulf (WULF)

Shares of NASDAQ WULF traded up $0.09 during mid-day trading on Thursday, reaching $13.45. The company had a trading volume of 18,095,421 shares, compared to its average volume of 33,501,902. The company has a current ratio of 0.97, a quick ratio of 0.75 and a debt-to-equity ratio of 5.35. The stock has a market cap of $6.75 billion, a PE ratio of -4.13 and a beta of 4.00. The company has a 50-day moving average price of $14.08 and a two-hundred day moving average price of $17.94. TeraWulf has a 1-year low of $9.51 and a 1-year high of $29.84.

Read Our Latest Research Report on 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.

Shares of NYSE BMNR traded down $0.49 during mid-day trading on Thursday, hitting $18.75. 11,877,000 shares of the company traded hands, compared to its average volume of 39,625,910. BitMine Immersion Technologies has a 1 year low of $12.80 and a 1 year high of $42.08. The stock has a market capitalization of $11.31 billion, a price-to-earnings ratio of -1.10 and a beta of 1.80. The business has a 50 day moving average of $23.67 and a two-hundred day moving average of $20.61.

Read Our Latest Research Report on BMNR

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.

RIOT traded up $0.16 during trading on Thursday, reaching $18.44. The company had a trading volume of 10,779,441 shares, compared to its average volume of 19,175,033. The firm's 50-day simple moving average is $18.14 and its 200 day simple moving average is $19.33. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.49 and a current ratio of 3.49. The company has a market cap of $6.92 billion, a price-to-earnings ratio of -4.47 and a beta of 3.91. Riot Platforms has a 12-month low of $11.50 and a 12-month high of $30.32.

Read Our Latest Research Report on RIOT

Cipher Mining (CIFR)

CIFR stock traded up $0.07 during mid-day trading on Thursday, reaching $7.18. 20,943,584 shares of the stock traded hands, compared to its average volume of 32,346,787. Cipher Mining has a 52-week low of $5.07 and a 52-week high of $30.14. The stock's fifty day moving average is $12.74 and its 200-day moving average is $17.31. The company has a market cap of $3.28 billion, a P/E ratio of -2.35 and a beta of 3.53. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 9.10.

Read Our Latest Research Report on CIFR

MARA (MARA)

Shares of MARA stock traded down $0.10 during trading on Thursday, hitting $7.56. The stock had a trading volume of 18,698,948 shares, compared to its average volume of 44,915,234. MARA has a 1 year low of $5.69 and a 1 year high of $16.43. The stock has a 50 day simple moving average of $9.68 and a 200 day simple moving average of $10.63. The company has a quick ratio of 0.89, a current ratio of 2.31 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $2.92 billion, a PE ratio of -0.93 and a beta of 5.23.

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.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded down $0.06 during midday trading on Thursday, reaching $99.93. The stock had a trading volume of 1,146,281 shares, compared to its average volume of 2,288,358. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a twelve month low of $71.25 and a twelve month high of $100.42. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of -22.21 and a beta of 3.25. The firm's fifty day simple moving average is $99.01 and its two-hundred day simple moving average is $95.66.

Read Our Latest Research Report on STRC

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in IREN Right Now?

Before you consider IREN, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IREN wasn't on the list.

While IREN currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Blue-Chip Stocks to Add To Your Forever Portfolio Cover

A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.

This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power.

Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines