iShares Bitcoin Trust, MARA, and CleanSpark are the three Bitcoin stocks to watch today, according to MarketBeat's stock screener tool. Bitcoin stocks are shares of companies that either hold a significant amount of bitcoin on their balance sheets or are actively involved in the cryptocurrency ecosystem through activities like mining, trading, or providing related services. These stocks offer investors an indirect method of gaining exposure to bitcoin’s price movements and market fluctuations while trading on traditional stock exchanges under regulated frameworks. 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 iShares Bitcoin Trust stock traded up $1.96 during midday trading on Tuesday, reaching $51.68. The company had a trading volume of 43,746,685 shares, compared to its average volume of 45,568,988. The stock has a fifty day moving average price of $48.91 and a 200 day moving average price of $50.29. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
Read Our Latest Research Report on IBIT
MARA (MARA)
Shares of NASDAQ:MARA traded up $1.38 during trading on Tuesday, reaching $13.67. The stock had a trading volume of 35,107,202 shares, compared to its average volume of 45,286,949. MARA has a 52 week low of $9.81 and a 52 week high of $30.28. The firm's fifty day moving average is $13.28 and its 200 day moving average is $17.55. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 17.26 and a beta of 6.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00.
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.
Shares of NASDAQ:CLSK traded up $1.17 during midday trading on Tuesday, reaching $8.64. The company's stock had a trading volume of 22,178,414 shares, compared to its average volume of 28,392,190. The firm has a 50 day moving average price of $8.09 and a two-hundred day moving average price of $10.49. CleanSpark has a fifty-two week low of $6.45 and a fifty-two week high of $21.39. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 79.29 and a beta of 4.12.
Read Our Latest Research Report on CLSK
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