Marathon Digital, IREN, Cleanspark, Riot Platforms, TeraWulf, Core Scientific, and Cipher Mining are the top seven Bitcoin stocks gaining traction today, as highlighted by MarketBeat's stock screener tool. Bitcoin stocks represent shares of publicly traded companies with substantial exposure to Bitcoin—whether through cryptocurrency mining, holdings, or trading platforms. Investors leverage these stocks to indirectly participate in Bitcoin’s price movements without direct ownership of the cryptocurrency. Below, we analyze each stock’s recent performance and key metrics.
Marathon Digital (MARA)
Marathon Digital traded at $14.32 during Friday’s midday session, marking a $0.17 decline. With a trading volume of 49.4 million shares, it surpassed its average volume of 45.1 million. Key highlights include:
- 50-day SMA: $14.69
- 200-day SMA: $15.96
- Market Cap: $5.04 billion
- P/E Ratio: -9.88
👉 Explore more on Marathon Digital’s volatility
IREN (IREN)
Iris Energy Limited, an Australian bitcoin mining data center operator, saw its stock rise to $10.47, up $0.67. Trading volume hit 31.9 million shares against an average of 16 million.
- 52-week Range: $5.13–$15.92
- Debt-to-Equity: Not disclosed
Cleanspark (CLSK)
Cleanspark’s stock dipped to $9.00, with a volume of 36.2 million shares. The company focuses on low-carbon Bitcoin mining.
Key Metrics:
- Beta: 4.23
- Quick Ratio: 0.79
Riot Platforms (RIOT)
Riot Platforms declined to $9.56, reporting a volume of 33.9 million shares. The firm operates across Bitcoin mining and data center hosting.
- Debt-to-Equity: 0.20
- Market Cap: $3.42 billion
TeraWulf (WULF)
TeraWulf’s stock fell to $3.74, with a high trading volume of 47.7 million shares.
Notable Ratios:
- Quick Ratio: 1.90
- Debt-to-Equity: 3.03
👉 Learn about sustainable Bitcoin mining
Core Scientific (CORZ)
Core Scientific traded at $11.86, down $0.04. The company provides digital asset mining and hosting services.
- P/E Ratio: -2.36
- Beta: 6.30
Cipher Mining (CIFR)
Cipher Mining’s stock slightly dropped to $3.79, with a volume of 31.9 million shares.
- Quick Ratio: 1.11
- Market Cap: $1.27 billion
FAQs
Q: Why invest in Bitcoin stocks instead of Bitcoin directly?
A: Bitcoin stocks offer exposure without the complexities of cryptocurrency storage or security risks.
Q: Which Bitcoin stock has the lowest debt-to-equity ratio?
A: Riot Platforms (0.20), indicating stronger financial health.
Q: Are these stocks suitable for long-term holdings?
A: While volatile, companies like Cleanspark and Core Scientific show growth potential in sustainable mining.
Conclusion
These seven stocks provide diverse entry points into the Bitcoin ecosystem. Investors should weigh metrics like P/E ratios, trading volumes, and debt levels before committing.