Top Bitcoin Stocks To Watch Now – March 24th

iShares Bitcoin Trust, MARA, CleanSpark, Riot Platforms, TeraWulf, Core Scientific, and Iris Energy are the seven Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks are shares of companies whose primary business activities are directly related to Bitcoin, such as mining, trading, or providing blockchain technology and services. These stocks allow investors to gain exposure to the performance and market trends of Bitcoin without having to purchase and store the cryptocurrency directly, and their value often correlates with the broader trends in the digital currency market. 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.

NASDAQ IBIT traded up $2.44 during trading on Monday, reaching $50.14. The company’s stock had a trading volume of 15,820,521 shares, compared to its average volume of 46,028,797. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The business’s fifty day moving average price is $53.33 and its 200-day moving average price is $48.29.

MARA (MARA)

NASDAQ MARA traded up $1.73 during trading on Monday, reaching $14.11. The company’s stock had a trading volume of 26,838,321 shares, compared to its average volume of 45,781,014. 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 has a market cap of $4.88 billion, a price-to-earnings ratio of 17.86 and a beta of 5.95. MARA has a twelve month low of $12.03 and a twelve month high of $30.28. The business’s fifty day moving average price is $15.97 and its 200-day moving average price is $18.11.

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.

NASDAQ CLSK traded up $0.95 during trading on Monday, reaching $8.39. The company’s stock had a trading volume of 17,525,702 shares, compared to its average volume of 28,891,532. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 76.28 and a beta of 4.20. CleanSpark has a twelve month low of $7.22 and a twelve month high of $24.72. The business’s fifty day moving average price is $9.61 and its 200-day moving average price is $10.76.

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 $0.57 during trading on Monday, reaching $8.52. The company’s stock had a trading volume of 10,839,035 shares, compared to its average volume of 25,235,080. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of 19.81 and a beta of 4.36. The business’s fifty day moving average price is $10.56 and its 200-day moving average price is $10.37. Riot Platforms has a twelve month low of $6.36 and a twelve month high of $15.87.

TeraWulf (WULF)

Shares of NASDAQ:WULF traded up $0.24 during midday trading on Monday, hitting $3.44. The stock had a trading volume of 20,556,577 shares, compared to its average volume of 26,415,163. The company has a market capitalization of $1.32 billion, a PE ratio of -17.20 and a beta of 2.70. The stock has a 50 day moving average price of $4.51 and a two-hundred day moving average price of $5.48. TeraWulf has a 1 year low of $1.82 and a 1 year high of $9.30.

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

CORZ stock traded up $0.47 during trading on Monday, reaching $8.98. 6,436,076 shares of the company were exchanged, compared to its average volume of 11,052,556. The company has a market cap of $2.64 billion, a P/E ratio of -1.66 and a beta of 6.83. Core Scientific has a 52-week low of $2.61 and a 52-week high of $18.63. The stock’s 50 day moving average price is $11.50 and its 200 day moving average price is $13.18.

Iris Energy (IREN)

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 $0.51 during trading on Monday, reaching $7.66. 6,063,076 shares of the company were exchanged, compared to its average volume of 15,222,812. The stock’s 50 day moving average price is $10.05 and its 200 day moving average price is $10.12. Iris Energy has a 52-week low of $4.15 and a 52-week high of $15.92.