Marathon Digital, Riot Platforms, and IREN are the three Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are shares of publicly traded companies that hold bitcoin on their balance sheet or earn significant revenue from bitcoin-related activities such as mining, trading, or blockchain services. By purchasing these equities, investors gain indirect exposure to bitcoin’s price movements through regulated stock markets instead of owning the cryptocurrency itself. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.
Marathon Digital (MARA)
MARA traded up $0.52 on Thursday, hitting $19.96. The company had a trading volume of 16,941,561 shares, compared to its average volume of 45,013,882. The firm has a market cap of $7.03 billion, a P/E ratio of -13.76 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. The company's fifty day moving average price is $16.00 and its 200 day moving average price is $15.38. Marathon Digital has a 1 year low of $9.81 and a 1 year 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.
NASDAQ RIOT traded up $0.76 during trading on Thursday, hitting $13.33. The stock had a trading volume of 20,287,033 shares, compared to its average volume of 28,706,697. The company has a market capitalization of $4.76 billion, a PE ratio of -10.08 and a beta of 4.57. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $10.02 and a 200 day moving average price of $9.67. Riot Platforms has a twelve month low of $6.19 and a twelve month high of $15.87.
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.
NASDAQ IREN traded up $0.59 during trading on Thursday, hitting $17.90. The stock had a trading volume of 13,207,306 shares, compared to its average volume of 16,764,238. The firm has a 50 day moving average price of $11.31 and a 200 day moving average price of $9.58. IREN has a twelve month low of $5.13 and a twelve month high of $18.64.
Read Our Latest Research Report on IREN
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