Bitcoin Stocks To Research – February 10th

iShares Bitcoin Trust, MARA, Riot Platforms, CleanSpark, Iris Energy, TeraWulf, and Core Scientific are the seven Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks refer to publicly traded companies that have direct or indirect exposure to the cryptocurrency market. This can include companies involved in bitcoin mining, payment processing, blockchain technology development, or investing in bitcoin as a part of their corporate treasury strategy. Investors can buy shares of these companies on traditional stock exchanges to gain exposure to the bitcoin market without directly holding the cryptocurrency. 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 NASDAQ IBIT traded up $0.87 during mid-day trading on Monday, hitting $55.34. The company had a trading volume of 11,997,693 shares, compared to its average volume of 45,858,930. iShares Bitcoin Trust has a 1 year low of $27.51 and a 1 year high of $61.75. The stock’s 50-day moving average price is $56.35 and its 200-day moving average price is $44.91.

MARA (MARA)

MARA stock traded up $0.19 during mid-day trading on Monday, reaching $16.96. 11,107,533 shares of the company traded hands, compared to its average volume of 36,366,617. The company has a fifty day moving average price of $20.04 and a 200-day moving average price of $18.74. MARA has a 52-week low of $13.16 and a 52-week high of $34.09. The company has a market capitalization of $5.76 billion, a P/E ratio of 21.35 and a beta of 5.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.00 and a quick ratio of 4.00.

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 Platforms stock traded down $0.04 on Monday, reaching $11.60. The stock had a trading volume of 10,993,597 shares, compared to its average volume of 33,105,895. The business’s 50 day moving average is $12.06 and its two-hundred day moving average is $10.16. The company has a market cap of $3.99 billion, a P/E ratio of 26.91 and a beta of 4.23. Riot Platforms has a 1 year low of $6.36 and a 1 year high of $18.36.

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 down $0.18 during trading hours on Monday, hitting $11.15. The stock had a trading volume of 11,424,022 shares, compared to its average volume of 24,001,422. CleanSpark has a one year low of $8.04 and a one year high of $24.72. The company has a 50 day simple moving average of $11.27 and a two-hundred day simple moving average of $11.51. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 101.00 and a beta of 4.24.

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.

Shares of NASDAQ IREN traded up $0.53 during midday trading on Monday, hitting $13.00. 6,054,168 shares of the company’s stock were exchanged, compared to its average volume of 16,694,012. The business’s fifty day moving average price is $11.75 and its two-hundred day moving average price is $9.88. Iris Energy has a 12-month low of $4.15 and a 12-month high of $15.92.

TeraWulf (WULF)

WULF stock traded up $0.16 during midday trading on Monday, reaching $5.19. The company had a trading volume of 10,888,729 shares, compared to its average volume of 44,865,375. The firm has a 50-day moving average price of $6.15 and a 200-day moving average price of $5.53. TeraWulf has a 1 year low of $1.57 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.

Shares of NASDAQ CORZ traded up $0.57 during mid-day trading on Monday, reaching $13.13. 2,885,980 shares of the company were exchanged, compared to its average volume of 11,630,273. Core Scientific has a 52 week low of $2.61 and a 52 week high of $18.63. The company’s 50 day moving average price is $14.50 and its 200 day moving average price is $13.09. The stock has a market capitalization of $3.67 billion and a PE ratio of -2.43.