Riot Blockchain, Inc. (RIOT)
|Net Income (ttm)||-275.72M|
|Day's Range||9.18 - 9.76|
|52-Week Range||3.25 - 20.65|
|Price Target||16.61 (+79.76%)|
|Earnings Date||Nov 6, 2023|
Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners. In addition, it engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; electricity distribut... [Read more]
In 2022, RIOT's revenue was $259.17 million, an increase of 21.54% compared to the previous year's $213.24 million. Losses were -$509.55 million, 3200.9% more than in 2021.Financial Statements
According to 9 analysts, the average rating for RIOT stock is "Strong Buy." The 12-month stock price forecast is $16.61, which is an increase of 79.76% from the latest price.
Castle Rock, CO, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin mining and data center hosting, issued a statement toda...
Riot Produces 333 Bitcoin While Realizing Expanded Benefits of Power Strategy Riot Produces 333 Bitcoin While Realizing Expanded Benefits of Power Strategy
Coinbase Global Inc. NASDAQ: COIN pulled back after rocketing nearly 15% higher on August 29 on news that a potential launch of a long-awaited Bitcoin ETF may be getting closer.
Bitcoin surged almost 8% on Tuesday as Grayscale Investments OTC: GBTC secured a victory in its legal dispute against the Securities and Exchange Commission (SEC) at the DC Circuit Court of Appeals. F...
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Cryptocurrency-related stocks including Riot Platforms Inc. NASDAQ: RIOT, Marathon Digital Holdings Inc. NASDAQ: MARA and Coinbase Global Inc. NASDAQ: COIN gapped down on August 18 on news that Elon M...
Riot Platforms (NASDAQ: RIOT) stock price continued its downward trend as Bitcoin formed a dangerous pattern. The shares plunged to a low of $13 on Wednesday, the lowest level since July 5th.
Riot Platforms Reports Second Quarter 2023 Financial Results, Current Operational and Financial Highlights
Riot Reports $76.7 Million in Total Revenue, New All-Time Record Hash Rate Capacity of 10.7 EH/s, and Expanded Execution of Power Strategy Riot Reports $76.7 Million in Total Revenue, New All-Time Rec...
Riot Produces 410 Bitcoin While Expanding Execution of Power Strategy Riot Produces 410 Bitcoin While Expanding Execution of Power Strategy
Bitcoin mining stocks have had a stellar performance this year, helped by the strong performance of BTC and other cryptocurrencies. Firms like Cipher Mining, Riot Platforms, and Marathon Digital are t...
Midas Immersion Cooling to Supply 200 MW of Leading-Edge Immersion Cooling Equipment Solutions to Riot Platforms, Inc.
Agreement includes an initial purchase of 200 MW of immersion systems, with the option to supply up to 400 MW of additional immersion systems on the same terms. Initial sale brings total worldwide dep...
Several crypto-related stocks and funds have staged a spectacular rally this year, outperforming major cryptocurrencies, despite U.S. regulators' ongoing scrutiny of the industry.
Animal spirits have returned to the stock market as investors again pile into high-risk names. Carvana, for example, has soared nearly 700% year-to-date even as it navigates a precarious financial pos...
Bitcoin has surged nearly 89% in 2023, which is an astonishing return, but shares of Riot Platforms ( RIOT , Financial) have done even better, generating gains of nearly 500% year-to-date, which is tr...
Shares of Coinbase Global Inc surged by nearly 25% on Thursday, ahead of other cryptocurrency and blockchain-related companies, following a landmark legal victory in a closely-watched lawsuit involvin...
Riot Produces 460 Bitcoin While Significantly Executing on Power Strategy Riot Produces 460 Bitcoin While Significantly Executing on Power Strategy
Russell 2000 index has erased some of the gains made earlier this month as investors assess the impact of the Federal Reserve decisions. The index retreated to a low of $1,838, a few points below the ...
Landmark deal includes an initial purchase of 33,280 miners to increase self-mining capacity to 20.1 EH/s upon full deployment in 2024. Agreement also includes an option to purchase up to 66,560 addit...
Coinbase's and other crypto stocks falls after SEC charges Binance with more than a dozen securities violations
Shares of Coinbase Global Inc. COIN, -10.26% tumbled 10.1% in midday trading Monday, after the U.S. Securities and Exchange Commission charged rival cryptocurrency exchange Binance Holdings Inc. with ...
Riot Produces 676 Bitcoin in May 2023 and Provides Operations Updates Riot Produces 676 Bitcoin in May 2023 and Provides Operations Updates
Castle Rock, CO, May 23, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin mining and data center hosting, announced today that it i...
Riot Platforms Reports First Quarter 2023 Financial Results, Current Operational and Financial Highlights
Riot Reports $73.2 Million in Total Revenue, and New All-Time Records in 2,115 Bitcoin Produced and Hash Rate Capacity of 10.5 EH/s Riot Reports $73.2 Million in Total Revenue, and New All-Time Record...
Shares of crypto currency- and blockchain-related companies fell in premarket trading on Monday after Binance halted its bitcoin withdrawals for several hours due to heavy volumes and rising processin...