Bitcoin Stocks To Watch Today – March 11th

iShares Bitcoin Trust, MARA, and Core Scientific are the three Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. Bitcoin stocks refer to shares of companies that have significant exposure to or involvement in the bitcoin ecosystem. These companies might engage in bitcoin mining, trading, or offer related financial services, and their stock prices often reflect the volatility and trends of the broader bitcoin market. 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.

NASDAQ:IBIT traded up $1.09 on Tuesday, reaching $46.00. The company’s stock had a trading volume of 25,038,760 shares, compared to its average volume of 48,258,910. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business’s 50-day moving average price is $54.61 and its two-hundred day moving average price is $47.45.

MARA (MARA)

Shares of NASDAQ:MARA traded down $0.23 during trading on Tuesday, hitting $13.18. 18,505,558 shares of the company’s stock traded hands, compared to its average volume of 46,674,025. The company has a current ratio of 4.00, a quick ratio of 4.00 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average price of $16.97 and a 200-day moving average price of $18.38. MARA has a 52 week low of $12.05 and a 52 week high of $30.28. The company has a market cap of $4.56 billion, a price-to-earnings ratio of 16.62 and a beta of 5.95.

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.

CORZ stock traded up $0.51 during mid-day trading on Tuesday, hitting $8.52. 9,476,584 shares of the company were exchanged, compared to its average volume of 10,677,315. Core Scientific has a 1-year low of $2.61 and a 1-year high of $18.63. The firm’s 50 day simple moving average is $12.53 and its 200 day simple moving average is $13.29. The firm has a market cap of $2.50 billion, a P/E ratio of -1.57 and a beta of 6.83.