Bitcoin Stocks Worth Watching – May 1st

iShares Bitcoin Trust, MARA, Riot Platforms, CleanSpark, and TeraWulf are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Error: Response status code does not indicate success: 429 (Too Many Requests). 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 $1.70 during trading on Thursday, hitting $55.21. The company had a trading volume of 25,463,512 shares, compared to its average volume of 45,374,664. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The business’s 50-day moving average is $48.73 and its 200 day moving average is $50.96.

MARA (MARA)

Shares of NASDAQ:MARA traded up $1.05 on Thursday, reaching $14.42. The company had a trading volume of 32,701,497 shares, compared to its average volume of 45,023,683. The stock has a market capitalization of $4.99 billion, a P/E ratio of 18.27 and a beta of 6.10. The stock has a 50-day moving average price of $12.98 and a 200 day moving average price of $17.44. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22. MARA has a twelve month low of $9.81 and a twelve month high of $30.28.

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 NASDAQ RIOT traded up $0.66 during midday trading on Thursday, reaching $7.90. 18,545,840 shares of the company traded hands, compared to its average volume of 25,572,598. The firm has a market cap of $2.77 billion, a PE ratio of 18.36 and a beta of 4.60. Riot Platforms has a 12 month low of $6.19 and a 12 month high of $15.87. The stock’s 50-day simple moving average is $7.67 and its 200-day simple moving average is $10.29.

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 CLSK traded up $0.71 during trading hours on Thursday, reaching $8.88. The stock had a trading volume of 11,770,302 shares, compared to its average volume of 28,233,174. The firm has a 50-day moving average of $7.89 and a 200 day moving average of $10.45. CleanSpark has a 52 week low of $6.45 and a 52 week high of $20.64. The company has a market cap of $2.49 billion, a P/E ratio of 81.02 and a beta of 4.12.

TeraWulf (WULF)

Shares of NASDAQ:WULF traded up $0.47 on Thursday, hitting $3.25. The company had a trading volume of 20,846,501 shares, compared to its average volume of 28,516,207. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of -16.22 and a beta of 2.76. TeraWulf has a 1-year low of $1.91 and a 1-year high of $9.30. The stock has a 50 day moving average price of $2.98 and a 200 day moving average price of $5.11.