Best Bitcoin Stocks To Keep An Eye On – June 12th

MARA, Riot Platforms, CleanSpark, TeraWulf, and Iris Energy are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks are shares of publicly traded companies whose business activities or asset holdings are closely tied to Bitcoin—for example, mining firms, payment processors, or investment vehicles that hold significant amounts of the cryptocurrency. By buying these stocks, investors gain indirect exposure to Bitcoin’s price movements without needing to purchase or store the cryptocurrency itself. Such stocks can offer more traditional regulatory oversight and liquidity but may still exhibit high volatility linked to the underlying Bitcoin market. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

MARA (MARA)

NASDAQ MARA traded down $0.26 during trading on Thursday, hitting $16.09. 15,335,194 shares of the company’s stock were exchanged, compared to its average volume of 44,984,409. The stock’s 50 day moving average price is $14.23 and its two-hundred day moving average price is $16.57. The company has a market cap of $5.66 billion, a PE ratio of 20.37 and a beta of 6.61. MARA has a fifty-two week low of $9.81 and a fifty-two week high of $30.28. The company has a current ratio of 4.00, a quick ratio of 4.00 and a debt-to-equity ratio of 0.22.

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 down $0.17 during mid-day trading on Thursday, hitting $10.38. The company had a trading volume of 13,192,174 shares, compared to its average volume of 27,251,870. Riot Platforms has a one year low of $6.19 and a one year high of $15.87. The firm has a fifty day moving average price of $8.10 and a 200 day moving average price of $9.85. The company has a market capitalization of $3.71 billion, a PE ratio of 24.14 and a beta of 4.53.

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.

CLSK traded down $0.21 during trading on Thursday, reaching $9.76. 9,022,046 shares of the company were exchanged, compared to its average volume of 28,008,513. CleanSpark has a 12-month low of $6.45 and a 12-month high of $20.64. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 88.74 and a beta of 4.23. The company’s 50-day moving average is $8.71 and its two-hundred day moving average is $9.72.

TeraWulf (WULF)

Shares of NASDAQ:WULF traded down $0.09 during trading on Thursday, hitting $4.32. The stock had a trading volume of 15,953,878 shares, compared to its average volume of 31,357,737. TeraWulf has a 12 month low of $2.06 and a 12 month high of $9.30. The firm’s fifty day moving average is $3.27 and its 200 day moving average is $4.50. The company has a market capitalization of $1.66 billion, a PE ratio of -13.09 and a beta of 3.09.

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.

Iris Energy stock traded down $0.11 during midday trading on Thursday, hitting $10.19. The stock had a trading volume of 5,876,275 shares, compared to its average volume of 16,116,409. The firm’s fifty day moving average is $7.36 and its two-hundred day moving average is $9.37. Iris Energy has a 52-week low of $5.13 and a 52-week high of $15.92.