Bitcoin Stocks Worth Watching – June 9th

MARA, Riot Platforms, and CleanSpark are the three Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” is an informal term for shares of publicly traded companies whose primary business involves Bitcoin—whether through mining operations, direct investment in Bitcoin holdings, or payment and custody services. By buying these equities, investors gain indirect exposure to Bitcoin’s price movements on regulated stock exchanges rather than holding the cryptocurrency itself. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

MARA (MARA)

MARA stock traded down $0.03 during midday trading on Monday, reaching $15.75. The stock had a trading volume of 29,678,966 shares, compared to its average volume of 44,934,811. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22. MARA has a 52-week low of $9.81 and a 52-week high of $30.28. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 19.93 and a beta of 6.61. The company has a fifty day moving average of $13.95 and a 200 day moving average of $16.64.

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 $0.05 during trading on Monday, reaching $9.80. 26,453,290 shares of the company were exchanged, compared to its average volume of 27,016,988. The firm has a market capitalization of $3.50 billion, a PE ratio of 22.76 and a beta of 4.53. The business’s fifty day simple moving average is $7.93 and its 200-day simple moving average is $9.85. Riot Platforms has a 12-month low of $6.19 and a 12-month high of $15.87.

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.

Shares of NASDAQ:CLSK traded up $0.11 during trading on Monday, reaching $9.90. 15,744,854 shares of the company were exchanged, compared to its average volume of 28,051,764. The firm has a market capitalization of $2.78 billion, a PE ratio of 89.06 and a beta of 4.23. The business’s fifty day simple moving average is $8.56 and its 200-day simple moving average is $9.75. CleanSpark has a 12-month low of $6.45 and a 12-month high of $20.64.