Bitcoin Stocks To Keep An Eye On – April 24th

iShares Bitcoin Trust, MARA, CleanSpark, Riot Platforms, and TeraWulf are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks are shares of publicly traded companies whose business models are materially tied to the Bitcoin ecosystem—such as cryptocurrency exchanges, mining firms, hardware manufacturers, or large corporations that hold significant amounts of Bitcoin on their balance sheets. By purchasing these equities, investors gain indirect exposure to Bitcoin’s price movements and industry growth without owning the cryptocurrency itself, while still being subject to traditional stock-market regulations and risks. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

iShares Bitcoin Trust (IBIT)

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

Shares of IBIT traded down $0.14 during trading hours on Thursday, reaching $53.06. The stock had a trading volume of 15,131,301 shares, compared to its average volume of 45,943,184. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The company’s 50-day moving average is $48.81 and its two-hundred day moving average is $50.32.

MARA (MARA)

Shares of MARA stock traded up $0.05 on Thursday, reaching $14.18. 13,365,337 shares of the company’s stock were exchanged, compared to its average volume of 45,104,441. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00. The firm’s 50-day moving average is $13.17 and its two-hundred day moving average is $17.50. MARA has a 52 week low of $9.81 and a 52 week high of $30.28. The company has a market capitalization of $4.90 billion, a P/E ratio of 17.82 and a beta of 6.10.

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 CLSK stock traded up $0.03 during trading on Thursday, hitting $8.90. The company’s stock had a trading volume of 10,720,697 shares, compared to its average volume of 28,297,620. CleanSpark has a 52 week low of $6.45 and a 52 week high of $21.39. The business has a fifty day moving average of $8.02 and a 200-day moving average of $10.47. The company has a market cap of $2.50 billion, a PE ratio of 80.79 and a beta of 4.12.

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 $0.21 on Thursday, reaching $7.71. The company’s stock had a trading volume of 7,448,825 shares, compared to its average volume of 25,565,437. Riot Platforms has a 12-month low of $6.19 and a 12-month high of $15.87. The company has a market capitalization of $2.70 billion, a P/E ratio of 17.83 and a beta of 4.60. The stock’s 50 day simple moving average is $8.06 and its 200-day simple moving average is $10.30.

TeraWulf (WULF)

WULF traded up $0.17 during midday trading on Thursday, hitting $2.96. The stock had a trading volume of 15,783,013 shares, compared to its average volume of 28,024,874. The business has a fifty day moving average of $3.14 and a 200 day moving average of $5.14. The company has a market cap of $1.13 billion, a P/E ratio of -14.68 and a beta of 2.76. TeraWulf has a 1 year low of $1.91 and a 1 year high of $9.30.