Top Bitcoin Stocks To Add to Your Watchlist – November 10th

IREN, BitMine Immersion Technologies, TeraWulf, Riot Platforms, and MARA are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” is an informal term for publicly traded companies whose business or finances are closely tied to Bitcoin. They may include Bitcoin miners, crypto exchanges, or companies that hold significant Bitcoin on their balance sheets; buying their shares is not the same as buying Bitcoin itself. 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 traded down $1.81 during trading on Tuesday, hitting $19.60. The company had a trading volume of 31,279,585 shares, compared to its average volume of 44,696,191. The company has a market capitalization of $7.72 billion, a PE ratio of -4.82 and a beta of 4.33. IREN has a one year low of $17.16 and a one year high of $70.71. The firm’s 50-day moving average price is $35.59 and its 200 day moving average price is $43.44. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.80.

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 down $1.07 during trading on Tuesday, reaching $17.54. The stock had a trading volume of 16,961,481 shares, compared to its average volume of 39,722,977. The company has a market capitalization of $10.58 billion, a price-to-earnings ratio of 351.34 and a beta of 1.80. The stock has a fifty day moving average price of $23.90 and a two-hundred day moving average price of $20.71. BitMine Immersion Technologies has a 52 week low of $12.80 and a 52 week high of $42.08.

TeraWulf (WULF)

TeraWulf stock traded down $0.22 during midday trading on Tuesday, reaching $12.16. The stock had a trading volume of 22,944,496 shares, compared to its average volume of 33,394,508. The stock has a market capitalization of $6.07 billion, a P/E ratio of -3.72 and a beta of 4.00. The firm’s fifty day simple moving average is $14.15 and its 200-day simple moving average is $17.94. The company has a debt-to-equity ratio of 27.25, a quick ratio of 0.75 and a current ratio of 0.75. TeraWulf has a 1-year low of $9.51 and a 1-year high of $29.84.

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 down $0.23 during trading hours on Tuesday, reaching $17.43. 14,965,743 shares of the stock were exchanged, compared to its average volume of 19,102,436. The stock has a market cap of $6.54 billion, a PE ratio of -4.21 and a beta of 3.91. Riot Platforms has a twelve month low of $11.50 and a twelve month high of $30.32. The firm has a 50 day moving average of $18.14 and a 200 day moving average of $19.32. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.59 and a quick ratio of 1.59.

MARA (MARA)

Shares of NASDAQ MARA traded up $0.47 during midday trading on Tuesday, reaching $7.11. The company’s stock had a trading volume of 34,264,382 shares, compared to its average volume of 44,863,590. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15. MARA has a fifty-two week low of $5.69 and a fifty-two week high of $16.43. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of -0.78 and a beta of 5.23. The stock has a 50 day simple moving average of $9.80 and a 200-day simple moving average of $10.66.