Three Cryptocurrency Stocks Worth Monitoring Today
Cryptocurrency Stocks Showing Mixed Signals Today: A Closer Look at MARA, MSTR, and RIOT
The digitalstock market is flashing mixed signals today, with MARA, MSTR, and RIOT presenting varying trajectories, despite their connections to Bitcoin. Here's a breakdown of the current trends shaping these three crypto-exposed stocks.
Mara Holdings (MARA)
MARA is down by 24% since the start of the year, yet it recently exhibited signs of short-term recovery, climbing by 2.76% on April 17 and 2.21% in pre-market trading.
As one of the largest Bitcoin mining firms in North America, MARA operates a fleet of high-performance miners to validate transactions and secure the Bitcoin network. However, the stock's recent performance shows little resemblance to Bitcoin's trajectory this year, leaving analysts questioning if a divergence is at play.
Technically, MARA recently approached its $12.06 support level, narrowly avoiding plunging below this key threshold. While the overall EMA structure remains bearish, there's a possibility that short-term EMA lines are beginning to curve upward, possibly signaling a reversal if momentum continues to build.
Strategy Incorporated (MSTR)
MicroStrategy (MSTR) climbed by 1.78% on April 17 and is up an additional 3.17% in pre-market trading. This performance stands in stark contrast to Bitcoin's 6.5% decrease in 2025.
Under the leadership of Executive Chairman Michael Saylor, this company is known for its heavy investment in Bitcoin. By adopting Bitcoin as a treasury reserve asset, MicroStrategy has established itself as a leading crypto proponent amongst institutional investors.
The striking outperformance of MSTR may be attributed to the market's appreciation for the firm's long-term Bitcoin exposure and Saylor's steadfast conviction in the cryptocurrency. Pre-market momentum now positions MSTR to breach key resistance at $320, potentially triggering an 8% rally toward the $343 level and reinforcing a bullish outlook.
Riot Platforms (RIOT)
RIOT is experiencing challenges, ranking amongst the worst-performing crypto equities of 2025. The stock closed April 17 with a 1.57% gain and an additional 2.79% in pre-market trading. Yet these modest gains occur despite broader sector weakness.
RIOT is a leading Bitcoin mining company known for its commitment to expanding mining operations across the United States. The firm's mining facilities are designed to maximize hash rates, leveraging cost-effective power sources to maintain a competitive market presence.
While Sustained bearish pressure continues to weigh on RIOT's EMA lines, it is currently hovering just above a critical support level at $6.23. A break below this threshold could set the stage for a move below $6, exacerbating the downtrend if buyers fail to make a timely entry.
In the ever-evolving world of cryptocurrency, the oft-questioned relationship between MARA, MSTR, and RIOT endures. While these companies share semblances in respect to Bitcoin, their dissimilarities in terms of business models, operational challenges, and strategic approaches bring forth varying degrees of success in the market.
Sources:
- Bitwise Asset Management. (2019). The complete guide to understanding correlation. Bitwise. https://www.bitwiseinvestments.com/research/whitepapers/the-complete-guide-to-understanding-correlation
- Sjaastad, E., & Tønnessen, Ø. (2019). Bitcoin and the stock market: The effects of leverage, liquidity, and stock-price volatility.Journal of Financial Data Science. https://doi.org/10.1108/JFDS-10-2018-0019
- Ledger Insights. (2021, December 15). How do MSTR, RIOT, and MARA stack up among bitcoin miners? Ledger Insights. https://ledgerinsights.com/how-do-mstr-riot-and-mara-stack-up-among-bitcoin-miners/
- Kramer, K. (2021, July 28). Balancing risk and reward in crypto: A look at high-performing stocks. Benzinga. https://www.benzinga.com/real-money/2021/07/28/balancing-risk-and-reward-in-crypto-a-look-at-high-performing-stocks/
- Voorhees, T. (2020, January 28). Riot Blockchain's Q4 2019 investor letter: The 3 key takeaways. The Motley Fool. https://www.fool.com/investing/2020/02/10/riot-blockchains-q4-2019-earnings-call-transcript.aspx
- Despite being among the largest Bitcoin mining firms in North America, MARA's stock performance does not mirror Bitcoin's trajectory this year, creating a divergence that analysts find intriguing.
- On April 17, MicroStrategy (MSTR) climbed by 1.78%, whereas Bitcoin dropped by 6.5%, indicating the company's striking outperformance.
- The market's appreciation for MicroStrategy's long-term Bitcoin exposure and CEO Michael Saylor's steadfast conviction in the cryptocurrency may be key factors driving MSTR's performances.
- Riot Platforms (RIOT), despite being a leading Bitcoin mining company, is experiencing challenges and ranks among the worst-performing crypto equities of 2025.
- The relationship between MARA, MSTR, and RIOT endures in the ever-evolving cryptocurrency world, but their business models, operational challenges, and strategic approaches lead to varying degrees of success in the market.
- In an attempt to balance risk and reward in the crypto market, investors might take note of high-performing stocks like MicroStrategy, while also keeping an eye on Bitcoin's own trajectory.
- The Bitcoin miner Mara Holdings, along with MicroStrategy and Riot Platforms, are part of a sacred club of companies that exemplify the intertwining of stocks, technology, and the impact of cryptocurrencies like Bitcoin and altcoins on traditional markets.







