7 Bitcoin Stocks to Watch Today: iShares Bitcoin Trust (IBIT), MARA, CLSK, RIOT, IREN, CORZ, and WULF

iShares Bitcoin Trust, MARA, CleanSpark, Riot Platforms, Iris Energy, Core Scientific, and TeraWulf are the seven Bitcoin stocks to watch today, according to MarketBeat's stock screener tool.

The seven Bitcoin stocks to watch are IShares Bitcoin Trust (NYSE:IBIT) , MARA (NASDAQ:MARA) , CleanSpark (NASDAQ:CLSK) , Riot Platforms (NASDAQ:RIOT) , Iris Energy (NYSE:IREN) , Core Scientific (NASDAQ:CORZ) , and TeraWulf (NASDAQ:WULF) , according to a visualization from MarketBeat’s stock screener tool.

Bitcoin stocks are the shares of publicly traded companies that are either directly involved with Bitcoin activities—such as mining, facilitating transactions, or providing related financial services—or hold significant Bitcoin assets as part of their corporate strategy.

Investors in these stocks gain exposure to the Bitcoin market through the performance of these companies, balancing traditional stock market factors with the unique risks and volatility associated with the cryptocurrency industry.

The companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

1. iShares Bitcoin Trust

The IShares Bitcoin Trust Registered (NYSE: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.

iShares Bitcoin Trust (IBIT) traded down $2.24 during midday trading on Thursday, hitting $44.59. The company had a trading volume of 24,293,986 shares, compared to its average volume of 46,111,219.

iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The firm’s 50-day simple moving average is $50.11 and its 200-day simple moving average is $49.52.

The firm has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.00. The company’s market capitalization is $9.10 billion and its beta is 0.48.

Analysts set a $58.75 price target on IBIT, which they began coverage on in a recent report. If the analysts’ price target is reached by year-end, the stock will rise about 29.73%. Analysts also provided predictions for IShares Bitcoin Trust’s 2024 earnings per share at $1.07.

MARA (NASDAQ:MARA)

Shares of MARA (NASDAQ:MARA) stock traded down $1.02 during midday trading on Thursday, reaching $11.29. The company had a trading volume of 17,908,298 shares, compared to its average volume of 45,392,622. The stock has a fifty day simple moving average of $14.00 and a 200 day simple moving average of $17.75. MARA has a 1-year low of $9.81 and a 1-year 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. The company has a market capitalization of $3.90 billion, a price-to-earnings ratio of 14.25 and a beta of 6.10.

MARA is a publicly traded company that invests in cryptocurrency-related activities, including bitcoin mining. The company has a market capitalization of over $3.90 billion and is included in the S&P SmallCap 600 index.

MARA’s stock price has been on a downward trajectory since early 2024, with a decline of about 56% from its 52-week high reached in January 2024. The stock is currently trading at a P/E multiple of 14.25, which is relatively high, indicating that investors are anticipating strong earnings growth from MARA in the future.

CleanSpark (NASDAQ:CLSK)

CleanSpark, Inc. (NASDAQ:CLSK) owns and operates data centers in the Americas, where the company's bitcoin infrastructure is powered by low-carbon energy. Its infrastructure supports Bitcoin (BTC), 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. in March 2023. CleanSpark, Inc. is headquartered in Newport Beach, California.

CleanSpark (CLSK) traded down $0.54 during trading hours on Thursday, hitting $7.09