Best Bitcoin Stocks To Follow Today – February 03rd

iShares Bitcoin Trust, MARA, Riot Platforms, CleanSpark, and TeraWulf are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks are publicly traded companies that are involved in the bitcoin industry or have direct exposure to the cryptocurrency. These stocks may include companies engaged in bitcoin mining, blockchain technology development, or providing services related to cryptocurrencies. Investors can buy and trade shares of these companies on stock exchanges to gain exposure to the growing bitcoin market. 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 down $1.51 during trading on Monday, reaching $56.20. 40,036,460 shares of the company’s stock traded hands, compared to its average volume of 47,742,527. iShares Bitcoin Trust has a 12 month low of $24.13 and a 12 month high of $61.75. The company has a 50 day moving average of $56.19 and a 200-day moving average of $44.27.

MARA (MARA)

NASDAQ MARA traded down $0.86 on Monday, hitting $17.48. The stock had a trading volume of 21,592,338 shares, compared to its average volume of 38,459,012. MARA has a one year low of $13.16 and a one year high of $34.09. 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 stock has a market cap of $5.93 billion, a price-to-earnings ratio of 22.14 and a beta of 5.76. The company’s 50-day moving average is $20.97 and its two-hundred day moving average is $18.94.

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 down $0.14 on Monday, hitting $11.74. The stock had a trading volume of 19,169,385 shares, compared to its average volume of 35,083,504. Riot Platforms has a one year low of $6.36 and a one year high of $18.36. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 27.18 and a beta of 4.23. The company’s 50-day moving average is $12.08 and its two-hundred day moving average is $10.16.

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 down $0.19 on Monday, hitting $10.25. The stock had a trading volume of 14,716,780 shares, compared to its average volume of 23,214,451. CleanSpark has a one year low of $7.64 and a one year high of $24.72. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of -17.65 and a beta of 4.25. The company’s 50-day moving average is $11.60 and its two-hundred day moving average is $11.75.

TeraWulf (WULF)

Shares of NASDAQ:WULF traded up $0.06 during trading on Monday, reaching $4.83. The company had a trading volume of 29,302,441 shares, compared to its average volume of 46,958,152. The firm’s fifty day moving average is $6.36 and its 200 day moving average is $5.54. TeraWulf has a twelve month low of $1.55 and a twelve month high of $9.30.