Top Bitcoin Stocks To Watch Now – April 19th

iShares Bitcoin Trust, MARA, CleanSpark, Riot Platforms, and Core Scientific are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks are shares in companies that derive a significant portion of their revenue from bitcoin-related activities, such as mining, trading, or offering blockchain services. These stocks allow investors to gain indirect exposure to the performance of bitcoin without having to own the cryptocurrency directly, though they remain subject to both the traditional equity market risks and the volatility inherent in the cryptocurrency industry. 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 $0.30 on Friday, hitting $48.26. The stock had a trading volume of 23,726,023 shares, compared to its average volume of 45,494,238. The firm’s 50 day moving average price is $49.02 and its 200-day moving average price is $49.97. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75.

MARA (MARA)

MARA stock traded up $0.34 during trading hours on Friday, hitting $12.66. 19,316,788 shares of the stock were exchanged, compared to its average volume of 45,391,393. The stock has a market capitalization of $4.38 billion, a P/E ratio of 16.03 and a beta of 6.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00. MARA has a 12 month low of $9.81 and a 12 month high of $30.28. The business’s 50-day moving average is $13.43 and its two-hundred day moving average is $17.56.

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 up $0.23 during trading on Friday, hitting $7.51. The company’s stock had a trading volume of 21,198,441 shares, compared to its average volume of 28,492,470. The firm’s 50 day moving average price is $8.15 and its two-hundred day moving average price is $10.48. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 68.28 and a beta of 4.12. CleanSpark has a 12 month low of $6.45 and a 12 month high of $21.39.

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 up $0.10 on Friday, hitting $6.46. 20,939,835 shares of the company were exchanged, compared to its average volume of 25,734,312. The company has a market cap of $2.26 billion, a P/E ratio of 15.02 and a beta of 4.60. Riot Platforms has a 1-year low of $6.19 and a 1-year high of $15.87. The firm has a 50 day moving average of $8.36 and a two-hundred day moving average of $10.31.

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

Shares of CORZ traded up $0.04 during mid-day trading on Friday, hitting $6.63. 9,748,300 shares of the company traded hands, compared to its average volume of 12,485,531. The business has a 50-day moving average of $8.81 and a 200 day moving average of $12.54. Core Scientific has a one year low of $2.86 and a one year high of $18.63. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of -1.23 and a beta of 6.80.