Promising Bitcoin Stocks To Watch Today – November 9th

IREN, TeraWulf, and BitMine Immersion Technologies are the three Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” are shares of publicly traded companies whose business or value is meaningfully tied to Bitcoin, such as Bitcoin miners, crypto exchanges, or companies that hold Bitcoin in their treasuries. They are not Bitcoin itself, and their prices can also be affected by company performance and broader stock-market conditions. These companies had the highest dollar trading volume of any Bitcoin stocks within the last several days.

IREN (IREN)

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

Shares of IREN stock traded up $0.36 during mid-day trading on Monday, reaching $22.00. 44,209,747 shares of the company’s stock traded hands, compared to its average volume of 44,569,355. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.60 and a current ratio of 1.60. The firm has a 50 day moving average price of $35.87 and a two-hundred day moving average price of $43.60. The firm has a market capitalization of $8.67 billion, a PE ratio of -5.37 and a beta of 4.33. IREN has a 12 month low of $17.16 and a 12 month high of $70.71.

TeraWulf (WULF)

NASDAQ:WULF traded up $0.93 during trading hours on Monday, hitting $12.30. 31,510,508 shares of the stock traded hands, compared to its average volume of 33,321,301. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 27.25. TeraWulf has a 1 year low of $9.51 and a 1 year high of $29.84. The stock has a 50 day moving average price of $14.21 and a 200 day moving average price of $17.95. The company has a market cap of $6.14 billion, a price-to-earnings ratio of -3.75 and a beta of 4.00.

BitMine Immersion Technologies (BMNR)

BitMine Immersion Technologies Inc. focused on bitcoin mining using immersion technology. BitMine Immersion Technologies Inc. is based in ATLANTA, GA.

Shares of NYSE:BMNR traded up $0.29 during midday trading on Monday, reaching $19.05. 14,572,719 shares of the company were exchanged, compared to its average volume of 39,748,504. The stock has a market cap of $11.49 billion, a PE ratio of 379.94 and a beta of 1.80. The business’s fifty day moving average is $24.00 and its two-hundred day moving average is $20.77. BitMine Immersion Technologies has a one year low of $12.80 and a one year high of $43.77.