Top Bitcoin Stocks To Keep An Eye On – May 15th

iShares Bitcoin Trust, MARA, Gryphon Digital Mining, CleanSpark, Riot Platforms, Iris Energy, and TeraWulf are the seven Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” are shares of publicly traded companies whose core business involves bitcoin—whether by holding large bitcoin reserves, operating mining farms, or running trading and custody platforms. By buying these equities, investors gain indirect exposure to bitcoin’s price swings within the familiar framework of stock markets. While they can capture upside from rising bitcoin prices, they also carry the usual corporate and regulatory risks of any listed company. 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 IBIT stock traded down $0.03 during mid-day trading on Thursday, hitting $58.71. The stock had a trading volume of 17,384,370 shares, compared to its average volume of 44,565,059. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The firm’s 50-day moving average is $50.10 and its two-hundred day moving average is $52.22.

MARA (MARA)

NASDAQ:MARA traded down $0.21 during mid-day trading on Thursday, hitting $15.66. 14,984,612 shares of the company’s stock traded hands, compared to its average volume of 44,974,334. The company has a fifty day moving average of $13.12 and a 200 day moving average of $17.21. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00. The company has a market capitalization of $5.51 billion, a P/E ratio of 19.99 and a beta of 6.82. MARA has a twelve month low of $9.81 and a twelve month high of $30.28.

Gryphon Digital Mining (GRYP)

Gryphon Digital Mining, Inc. operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.

Gryphon Digital Mining stock traded up $0.39 during midday trading on Thursday, hitting $1.14. 124,423,971 shares of the company were exchanged, compared to its average volume of 3,079,062. The firm has a market capitalization of $79.26 million, a PE ratio of -2.17 and a beta of 2.31. Gryphon Digital Mining has a fifty-two week low of $0.13 and a fifty-two week high of $2.93. The business has a fifty day simple moving average of $0.27 and a two-hundred day simple moving average of $0.40.

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 $0.35 during trading on Thursday, hitting $9.26. The company’s stock had a trading volume of 10,601,701 shares, compared to its average volume of 28,290,061. CleanSpark has a twelve month low of $6.45 and a twelve month high of $20.64. The business’s fifty day simple moving average is $8.04 and its 200 day simple moving average is $10.25. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 84.96 and a beta of 4.36.

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 $0.28 during midday trading on Thursday, hitting $8.63. The stock had a trading volume of 10,641,500 shares, compared to its average volume of 26,051,928. The company has a market capitalization of $3.08 billion, a PE ratio of 20.22 and a beta of 4.74. The stock has a 50 day simple moving average of $7.56 and a 200-day simple moving average of $10.21. Riot Platforms has a 1 year low of $6.19 and a 1 year high of $15.87.

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 $0.29 during trading on Thursday, reaching $7.68. 11,299,937 shares of the company were exchanged, compared to its average volume of 16,094,249. Iris Energy has a 52-week low of $4.84 and a 52-week high of $15.92. The stock’s 50 day simple moving average is $6.44 and its two-hundred day simple moving average is $9.56.

TeraWulf (WULF)

Shares of NASDAQ WULF traded down $0.23 during trading on Thursday, reaching $3.44. The stock had a trading volume of 16,606,797 shares, compared to its average volume of 29,456,582. TeraWulf has a fifty-two week low of $1.91 and a fifty-two week high of $9.30. The business’s 50-day moving average price is $2.90 and its 200-day moving average price is $4.95. The company has a market cap of $1.32 billion, a P/E ratio of -10.53 and a beta of 3.00.