Top Bitcoin Stocks To Add to Your Watchlist - June 19th

Marathon Digital, Riot Platforms, and Cleanspark are the three Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are shares of publicly traded companies whose core business involves bitcoin—whether through mining the cryptocurrency, operating exchanges, or providing related blockchain services. By purchasing these equities on traditional stock markets, investors gain indirect exposure to bitcoin’s price movements and the growth of the crypto industry without holding bitcoin directly. Unlike owning bitcoin, however, these stocks carry company-specific risks and may be influenced by management decisions and regulatory developments. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

Marathon Digital (MARA)

NASDAQ:MARA traded down $0.18 during mid-day trading on Thursday, hitting $14.49. 37,343,354 shares of the stock traded hands, compared to its average volume of 45,181,756. The company has a market cap of $5.10 billion, a PE ratio of -9.99 and a beta of 6.61. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.62. The business's 50-day moving average price is $14.60 and its 200 day moving average price is $16.18. Marathon Digital has a 12-month low of $9.81 and a 12-month 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 RIOT stock traded up $0.28 during trading on Thursday, hitting $9.94. The company had a trading volume of 50,867,308 shares, compared to its average volume of 27,714,431. The stock's 50-day moving average is $8.40 and its two-hundred day moving average is $9.77. The stock has a market capitalization of $3.55 billion, a price-to-earnings ratio of -7.53 and a beta of 4.53. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.20. Riot Platforms has a 52 week low of $6.19 and a 52 week high of $15.87.

Read Our Latest Research Report on RIOT

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 NASDAQ:CLSK traded up $0.28 during trading on Thursday, reaching $9.18. The company had a trading volume of 26,794,406 shares, compared to its average volume of 27,889,777. The company has a fifty day moving average of $8.92 and a two-hundred day moving average of $9.56. The stock has a market capitalization of $2.58 billion, a P/E ratio of -9.56 and a beta of 4.23. Cleanspark has a 12 month low of $6.45 and a 12 month high of $20.64.

Read Our Latest Research Report on CLSK