Bitcoin Stocks To Watch Today – April 11th

by · The Cerbat Gem

iShares Bitcoin Trust, MARA, CleanSpark, Riot Platforms, TeraWulf, Iris Energy, and Hut 8 are the seven Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks are shares of publicly traded companies whose business operations are significantly involved with Bitcoin, whether through mining, trading, custody, or providing financial services related to the cryptocurrency. Investors in these stocks gain exposure to the trends and volatility of the Bitcoin ecosystem while also being subject to traditional market and company-specific factors. 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 $1.67 during trading on Friday, hitting $46.84. The stock had a trading volume of 23,684,826 shares, compared to its average volume of 46,103,039. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The company’s 50-day moving average price is $49.86 and its two-hundred day moving average price is $49.58.

Read Our Latest Research Report on IBIT

MARA (MARA)

MARA stock traded up $0.39 during mid-day trading on Friday, reaching $12.13. The company’s stock had a trading volume of 16,493,738 shares, compared to its average volume of 45,382,759. The business’s 50 day simple moving average is $13.87 and its 200 day simple moving average is $17.71. MARA has a 12 month low of $9.81 and a 12 month high of $30.28. 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 company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 15.36 and a beta of 6.10.

Read Our Latest Research Report on MARA

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 $0.22 during trading hours on Friday, hitting $7.35. 8,492,175 shares of the company traded hands, compared to its average volume of 28,592,464. CleanSpark has a twelve month low of $6.45 and a twelve month high of $21.39. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 67.05 and a beta of 4.12. The business’s 50-day moving average is $8.54 and its 200-day moving average is $10.57.

Read Our Latest Research Report on CLSK

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.

RIOT stock traded up $0.20 during trading hours on Friday, reaching $6.99. The stock had a trading volume of 5,790,825 shares, compared to its average volume of 25,489,954. Riot Platforms has a fifty-two week low of $6.22 and a fifty-two week high of $15.87. The stock has a market capitalization of $2.45 billion, a PE ratio of 16.24 and a beta of 4.60. The stock has a 50-day simple moving average of $8.96 and a 200 day simple moving average of $10.37.

Read Our Latest Research Report on RIOT

TeraWulf (WULF)

WULF stock traded up $0.03 during midday trading on Friday, reaching $2.27. 11,366,028 shares of the company were exchanged, compared to its average volume of 27,403,794. TeraWulf has a one year low of $1.82 and a one year high of $9.30. The firm has a market capitalization of $867.54 million, a price-to-earnings ratio of -11.38 and a beta of 2.76. The business has a 50-day moving average price of $3.60 and a two-hundred day moving average price of $5.29.

Read Our Latest Research Report on WULF

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 Iris Energy stock traded down $0.04 on Friday, hitting $5.46. The stock had a trading volume of 4,072,161 shares, compared to its average volume of 15,320,164. Iris Energy has a twelve month low of $4.15 and a twelve month high of $15.92. The business’s 50 day moving average is $8.48 and its two-hundred day moving average is $9.93.

Read Our Latest Research Report on IREN

Hut 8 (HUT)

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other.

NASDAQ HUT traded up $0.18 during trading on Friday, reaching $11.91. The company’s stock had a trading volume of 1,612,787 shares, compared to its average volume of 5,267,335. Hut 8 has a 12 month low of $6.95 and a 12 month high of $31.95. The firm has a 50 day moving average price of $15.00 and a 200 day moving average price of $18.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.00 and a current ratio of 1.00.

Read Our Latest Research Report on HUT

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