5 Bitcoin Stocks to Watch Today: iShares Bitcoin Trust (IBIT), MARA, Riot Platforms (RIOT), CleanSpark (CLSK), Core Scientific (CORZ)

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

The five Bitcoin stocks to watch are IShares Bitcoin Trust (NYSE:IBIT), MARA (NASDAQ:MARA), Riot Platforms (NASDAQ:RIOT), CleanSpark (NASDAQ:CLSK) and Core Scientific (NASDAQ:CORZ). These five stocks had the highest dollar trading volume of any Bitcoin stocks within the last several days.

Here’s what you need to know about each of the five Bitcoin stocks:

1. iShares Bitcoin Trust (IBIT)

The IShares Bitcoin Trust Registered (IBIT) is an exchange traded fund that measures the performance of Bitcoin, an cryptocurrency. The fund, which is fully invested in btc and short usd currency, is passively managed and seeks to track the spot price of Bitcoin. The ETF has a total expense ratio of 0.15%.

The IShares Bitcoin Trust is an interesting investment option for those who want to add cryptocurrency exposure to their portfolio. The fund is a convenient way to invest in Bitcoin, as it is traded on a major U.S. exchange and can be bought and sold through any brokerage account.

The IShares Bitcoin Trust is also a relatively low-cost investment option. The fund has a small management fee of 0.15%, which is in line with other exchange traded funds.

However, it’s important to note that the IShares Bitcoin Trust is a volatile investment. The value of Bitcoin can fluctuate significantly, which will also affect the price of the ETF. Investors should be prepared for losses, especially in the short term.

The IShares Bitcoin Trust is an interesting investment option for those who can handle the volatility and want to add cryptocurrency exposure to their portfolio.

iShares Bitcoin Trust (IBIT) traded up $1.15 during midday trading on Wednesday, hitting $49.45. 17,782,000 shares of the company traded hands, compared to its average volume of 44,125,176. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The stock has a 50-day moving average of $52.14 and a 200-day moving average of $49.09.

Despite posting a third-quarter loss, iShares Bitcoin Trust (NYSE:IBIT) saw a surge in revenue and adjusted operating income. The figures exceeded analysts’ expectations.

Following the release of its third-quarter earnings report on Wednesday, iShares Bitcoin Trust (NYSE:IBIT) observed a decline of over 9% during midday trading. This downturn occurred despite the company reporting a smaller-than-expected loss and exceeding revenue estimates.

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According to data compiled by TipRanks, analysts expected a loss of 30 cents per share on revenue of $165.67 million. However, the company reported a net loss of 14 cents per share, and adjusted operating income came in at $256.4 million, compared to analysts’ estimate of $130 million.

During the quarter, iShares Bitcoin Trust's investment portfolio rose to $29.43 billion from $25.34 billion in the previous quarter. Its administrative expenses also increased to $96.6 million from $60.9 million.

Looking ahead, iShares Bitcoin Trust anticipates revenue in the fourth quarter to be around $150 million, below analysts' projections of $200.4 million.

2. MARA (MARA)

Shares of MARA (NASDAQ:MARA) rose sharply on Wednesday after the firm announced that it achieved record bitcoin production in the third quarter. The company also reported a smaller-than-anticipat