Best Bitcoin Stocks To Watch Now – April 2nd

iShares Bitcoin Trust, MARA, Riot Platforms, CleanSpark, and Core Scientific are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks are shares of publicly traded companies that are directly involved in or significantly influenced by the Bitcoin ecosystem. This can include firms that mine Bitcoin, hold substantial Bitcoin on their balance sheets, or provide services related to cryptocurrency transactions and infrastructure, offering investors indirect exposure to Bitcoin’s market performance. 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 up $1.15 during midday trading on Wednesday, hitting $49.45. 17,782,000 shares of the company traded hands, compared to its average volume of 44,125,176. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The stock has a 50-day moving average of $52.14 and a 200-day moving average of $49.09.

MARA (MARA)

NASDAQ:MARA traded up $0.68 during mid-day trading on Wednesday, hitting $12.52. 22,287,496 shares of the stock traded hands, compared to its average volume of 38,233,074. MARA has a 12-month low of $11.05 and a 12-month high of $30.28. 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 company has a market cap of $4.33 billion, a PE ratio of 15.84 and a beta of 6.09. The business’s 50-day moving average price is $15.20 and its 200 day moving average price is $18.01.

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 $0.36 during trading hours on Wednesday, hitting $7.90. The stock had a trading volume of 13,715,328 shares, compared to its average volume of 25,366,404. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 18.32 and a beta of 4.36. Riot Platforms has a one year low of $6.36 and a one year high of $15.87. The company has a 50 day simple moving average of $9.86 and a two-hundred day simple moving average of $10.42.

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 $0.35 during trading hours on Wednesday, hitting $7.91. 10,974,126 shares of the company’s stock traded hands, compared to its average volume of 28,681,137. CleanSpark has a 52 week low of $6.59 and a 52 week high of $21.39. The business’s fifty day simple moving average is $9.16 and its two-hundred day simple moving average is $10.70. The firm has a market cap of $2.22 billion, a P/E ratio of 71.78 and a beta of 4.20.

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 $0.09 on Wednesday, hitting $8.09. The company’s stock had a trading volume of 10,508,071 shares, compared to its average volume of 11,712,080. The company has a market capitalization of $2.38 billion, a PE ratio of -1.50 and a beta of 6.83. The company has a 50-day simple moving average of $10.58 and a 200 day simple moving average of $13.08. Core Scientific has a 1 year low of $2.61 and a 1 year high of $18.63.