Top Bitcoin Stocks To Research – February 06th

iShares Bitcoin Trust, MARA, TeraWulf, Riot Platforms, CleanSpark, Iris Energy, and Cipher Mining are the seven Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks refer to publicly traded companies that have exposure to or are involved in the cryptocurrency market, particularly Bitcoin. These companies may operate in areas such as mining, investment, trading, or technology related to Bitcoin, offering investors with indirect exposure to the digital currency through their stock ownership. 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 down $0.39 on Thursday, hitting $54.94. 12,969,674 shares of the stock were exchanged, compared to its average volume of 46,756,004. The business’s fifty day moving average is $56.36 and its 200 day moving average is $44.62. iShares Bitcoin Trust has a 52 week low of $24.49 and a 52 week high of $61.75.

MARA (MARA)

Shares of MARA stock traded down $0.03 on Thursday, reaching $17.00. The stock had a trading volume of 12,253,987 shares, compared to its average volume of 36,904,344. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22. The firm’s 50-day moving average is $20.46 and its two-hundred day moving average is $18.83. The firm has a market capitalization of $5.77 billion, a price-to-earnings ratio of 21.51 and a beta of 5.76. MARA has a 12 month low of $13.16 and a 12 month high of $34.09.

TeraWulf (WULF)

Shares of WULF stock traded up $0.13 during trading on Thursday, reaching $5.20. 25,401,166 shares of the company’s stock were exchanged, compared to its average volume of 45,856,527. The firm’s fifty day moving average price is $6.25 and its 200-day moving average price is $5.53. TeraWulf has a twelve month low of $1.57 and a twelve month high of $9.30.

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 traded down $0.11 during trading hours on Thursday, hitting $11.64. The company had a trading volume of 10,367,316 shares, compared to its average volume of 33,617,984. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 26.99 and a beta of 4.23. The business has a fifty day moving average of $12.09 and a 200-day moving average of $10.18. Riot Platforms has a 12 month low of $6.36 and a 12 month 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.

CleanSpark stock traded up $0.29 during trading hours on Thursday, hitting $10.60. The company had a trading volume of 10,307,994 shares, compared to its average volume of 22,564,943. The firm has a 50-day moving average of $11.40 and a 200 day moving average of $11.64. CleanSpark has a one year low of $8.04 and a one year high of $24.72. The firm has a market cap of $2.98 billion, a PE ratio of -18.25 and a beta of 4.25.

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.

NASDAQ:IREN traded up $0.60 during mid-day trading on Thursday, reaching $11.67. 8,340,977 shares of the company’s stock were exchanged, compared to its average volume of 16,798,768. The business’s fifty day simple moving average is $11.79 and its two-hundred day simple moving average is $9.87. Iris Energy has a one year low of $3.76 and a one year high of $15.92.

Cipher Mining (CIFR)

Shares of NASDAQ CIFR traded up $0.31 during midday trading on Thursday, reaching $6.02. The company’s stock had a trading volume of 7,464,621 shares, compared to its average volume of 11,980,554. The company has a market cap of $2.09 billion, a P/E ratio of -46.27 and a beta of 2.40. Cipher Mining has a fifty-two week low of $2.42 and a fifty-two week high of $7.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.57 and a current ratio of 2.57. The business’s 50 day moving average price is $5.66 and its two-hundred day moving average price is $4.97.