IREN, BitMine Immersion Technologies, TeraWulf, 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” are shares of publicly traded companies whose businesses or financial results are meaningfully tied to Bitcoin—for example, Bitcoin miners, crypto exchanges, or companies that hold Bitcoin as a major asset. They offer investors indirect exposure to Bitcoin, but their prices can also be affected by company-specific factors and may not track Bitcoin’s price closely. 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.
IREN stock traded up $1.57 during mid-day trading on Wednesday, hitting $21.30. The company had a trading volume of 41,297,563 shares, compared to its average volume of 44,898,922. The firm has a market cap of $8.39 billion, a PE ratio of -5.25 and a beta of 4.33. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.60 and a current ratio of 1.60. IREN has a 12 month low of $17.16 and a 12 month high of $70.71. The stock's fifty day moving average price is $35.24 and its two-hundred day moving average price is $43.28.
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.
Shares of BitMine Immersion Technologies stock traded up $1.13 on Wednesday, reaching $19.21. 15,770,675 shares of the company traded hands, compared to its average volume of 39,685,438. BitMine Immersion Technologies has a 52 week low of $12.80 and a 52 week high of $42.08. The company has a 50 day moving average of $23.75 and a 200 day moving average of $20.66. The firm has a market capitalization of $11.59 billion, a PE ratio of 383.90 and a beta of 1.80.
Read Our Latest Research Report on BMNR
TeraWulf (WULF)
Shares of NASDAQ:WULF traded up $0.96 during mid-day trading on Wednesday, reaching $13.52. The company had a trading volume of 21,532,060 shares, compared to its average volume of 33,456,074. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 27.25. The firm has a market cap of $6.78 billion, a price-to-earnings ratio of -4.13 and a beta of 4.00. The company's 50-day moving average price is $14.10 and its 200-day moving average price is $17.94. TeraWulf has a one year low of $9.51 and a one year high of $29.84.
Read Our Latest Research Report on WULF
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 Platforms stock traded up $0.36 during mid-day trading on Wednesday, reaching $18.44. The company's stock had a trading volume of 14,717,906 shares, compared to its average volume of 19,147,990. The firm's fifty day moving average price is $18.13 and its two-hundred day moving average price is $19.32. Riot Platforms has a 12-month low of $11.50 and a 12-month high of $30.32. The company has a market capitalization of $6.92 billion, a P/E ratio of -4.45 and a beta of 3.91. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.49 and a current ratio of 3.49.
Read Our Latest Research Report on RIOT
Cipher Mining (CIFR)
NASDAQ:CIFR traded up $0.69 during trading hours on Wednesday, hitting $7.21. 23,408,474 shares of the company's stock traded hands, compared to its average volume of 32,270,086. The business's fifty day simple moving average is $12.89 and its two-hundred day simple moving average is $17.36. The firm has a market cap of $3.29 billion, a P/E ratio of -2.34 and a beta of 3.53. Cipher Mining has a 52 week low of $5.07 and a 52 week high of $30.14. The company has a quick ratio of 1.69, a current 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 up $0.48 during trading on Wednesday, hitting $7.82. 18,390,371 shares of the stock traded hands, compared to its average volume of 44,904,855. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of -0.96 and a beta of 5.23. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.15. MARA has a 52 week low of $5.69 and a 52 week high of $16.43. The firm's fifty day moving average is $9.73 and its 200-day moving average is $10.65.
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.
NASDAQ:STRC traded up $0.09 during trading hours on Wednesday, reaching $99.97. The company's stock had a trading volume of 646,733 shares, compared to its average volume of 2,288,634. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of -22.22 and a beta of 3.25. The firm has a 50-day simple moving average of $98.94 and a 200-day simple moving average of $95.63. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1 year low of $71.25 and a 1 year high of $100.42.
Read Our Latest Research Report on STRC
Featured Stories
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.
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
The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
