Bitcoin Stocks To Follow Now – June 28th

Core Scientific, Marathon Digital, Riot Platforms, IREN, and Cipher Mining are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks are shares of publicly traded companies whose business models revolve around bitcoin—whether through mining operations, crypto exchanges, or holding bitcoin on their balance sheets. By buying these equities, investors gain exposure to bitcoin’s price movements and ecosystem growth without needing to purchase the cryptocurrency directly. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

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 NASDAQ:CORZ traded up $0.29 during trading on Friday, reaching $16.65. The stock had a trading volume of 72,443,324 shares, compared to its average volume of 13,260,466. Core Scientific has a one year low of $6.20 and a one year high of $18.63. The company has a market capitalization of $4.96 billion, a P/E ratio of -3.31 and a beta of 6.30. The firm’s 50-day simple moving average is $10.47 and its 200 day simple moving average is $11.09.

Marathon Digital (MARA)

Shares of NASDAQ:MARA traded down $0.24 during trading on Friday, reaching $15.03. The stock had a trading volume of 39,680,222 shares, compared to its average volume of 45,160,826. Marathon Digital has a one year low of $9.81 and a one year high of $30.28. The company has a market capitalization of $5.29 billion, a P/E ratio of -10.37 and a beta of 6.61. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.62. The firm’s 50-day simple moving average is $14.92 and its 200 day simple moving average is $15.69.

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 up $0.04 during trading on Friday, reaching $10.55. The stock had a trading volume of 56,120,353 shares, compared to its average volume of 28,245,666. Riot Platforms has a one year low of $6.19 and a one year high of $15.87. The company has a market capitalization of $3.77 billion, a P/E ratio of -7.99 and a beta of 4.53. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 0.20. The firm’s 50-day simple moving average is $8.86 and its 200 day simple moving average is $9.67.

IREN (IREN)

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Shares of NASDAQ:IREN traded up $0.89 during trading on Friday, reaching $14.00. The stock had a trading volume of 37,771,359 shares, compared to its average volume of 16,277,687. The firm’s 50-day simple moving average is $8.64 and its 200 day simple moving average is $9.20. IREN has a one year low of $5.13 and a one year high of $15.92.

Cipher Mining (CIFR)

Shares of Cipher Mining stock traded up $0.07 during midday trading on Friday, hitting $4.26. The company had a trading volume of 73,489,925 shares, compared to its average volume of 13,589,845. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of -11.83 and a beta of 2.58. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $3.45 and a 200 day simple moving average of $4.08. Cipher Mining has a 12-month low of $1.86 and a 12-month high of $7.99.