Price Crosses Moving Average
|Bid||10.98 x 2900|
|Ask||11.00 x 1800|
|Day's Range||10.73 - 11.85|
|52 Week Range||3.25 - 14.43|
|Beta (5Y Monthly)||4.26|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 07, 2023 - Aug 11, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Oct 12, 2017|
|1y Target Est||11.66|
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Bitcoin-mining company Riot Platforms named Deloitte as its public accounting firm, bidding farewell to Marcum, its accountant since 2021, according [to a public filing](https://www.riotplatforms.com/investors/sec-filings/all-sec-filings/content/0001558370-23-010315/0001558370-23-010315.
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 is constituting an Advisory Board, which will reflect Riot’s commitment to having world-class talent provide advisory services to its executive leadership team and Board of Directors. Riot’s first Advisory Board member will be Brad Jones, the former Interim President and CEO of the Energy Reliability
Estimates suggest that the crypto industry can reach 1.2 billion people by 2025 even if it grows at a conservative rate. With increasing crypto adoption and with a likely end to the bear market, it’s a good time to consider some of the best crypto stocks to buy now. Coming back to crypto adoption, I believe that regulation for the industry is the biggest catalyst. Be it retail or institutional investors, there is caution considering regulatory uncertainties. The good news is that the European Un
Crypto stocks are loaded with uncertainty, and if there’s one thing markets hate, it’s uncertainty. Until there’s a resolution over the debt debacle, we’ll see even more uncertainty. All of which could be even more devastating to major indices, cryptocurrencies and crypto stocks. More than likely, we’ll see an 11th-hour deal. Unfortunately, until that happens, a lot of investors will remain on the sidelines.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Once there’s a resolution,
Want exposure to cryptocurrencies without the risks of actually owning them? Look no further than these two companies.
Shares of Riot Platforms (NASDAQ: RIOT) provide direct exposure to the ebb and flow of crypto, and especially Bitcoin. Like Bitcoin itself, Riot Platforms stock is prone to bouts of volatility, so it's not appropriate for every investor's portfolio. As usual, the answer is, "It's complicated" -- but if you happen to fit the profile as a prospective Riot Platforms investor, you might have stumbled upon a worthy crypto-centric holding for the rest of 2023.
Amidst the volatility, the major indices have been marginally higher in 2023. This was expected, with 2022 being the worst year for equities since the financial crisis of 2008. While the index points to some stability and recovery, there are selected themes and stocks that are surging higher. As an example, Marathon Digital’s (NASDAQ:MARA) stock has surged by 156% for year-to-date 2023. There are several similar cheap stocks under $10 that can double your money in one year. One advantage of stoc
Riot Platforms, Inc. ( NASDAQ:RIOT ) shareholders have seen the share price descend 21% over the month. But over the...
Unfortunately for Riot Platforms (NASDAQ: RIOT), a Bitcoin (CRYPTO: BTC) miner, this is the situation it found itself in on Thursday. Riot's first quarter saw the Bitcoin specialist earn just over $73 million in revenue, which was down from the nearly $80 million it booked in the same period of 2022. Not surprisingly, that decline was mainly due to the drop in Bitcoin's price; mining the high-profile cryptocurrency is Riot's core activity.
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/sCASTLE ROCK, Colo., May 10, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, reported financial results for the three-month period ended March 31, 2023. The unaudited financial statements are available on Riot’s website and here. “Riot achieved a number of imp
Shares of several crypto-mining stocks rose today, thanks to positive economic data and after some company-specific news as well. Shares of Riot Platforms (NASDAQ: RIOT) traded nearly 11.5% higher as of 11:45 a.m. ET today. Meanwhile, shares of Cipher Mining (NASDAQ: CIFR) traded 10% higher, while shares of Marathon Digital Holdings (NASDAQ: MARA) were up roughly 12.4%.
The price of Bitcoin fell after the large crypto exchange Binance had to halt Bitcoin withdrawals recently.
Last month, Standard Chartered released a report that Bitcoin (BTC-USD) can hit $100,000 by the end of 2024. The target seems steep, but cryptocurrencies have a history of skyrocketing in the blink of an eye. Standard Chartered cites stress in the traditional banking system as one of the catalysts for a Bitcoin rally. I believe that a dovish stance by the Federal Reserve in the second half of 2023 will also contribute to the rally. Additionally, Bitcoin halving is due in 2024. Going by past inst
It may be hard to imagine, but the creation of Bitcoin in 2009 actually laid the foundation for an entire new industry -- Bitcoin mining. In the 14 years that Bitcoin has been in existence, a slew of companies have decided to base their entire business model on the cryptocurrency, and some have even decided to go public. Simply put, Riot is one of the top-producing Bitcoin miners.
Shares of Riot Platforms (NASDAQ: RIOT) rose 19.7% in April 2023, according to data from S&P Global Market Intelligence. The Bitcoin (CRYPTO: BTC) mining specialist essentially amplified the swings in Bitcoin prices until April 25, where a bullish analyst review gave this stock a second wind. Bitcoin prices closed the month just 4.2% higher.
Riot Produces 639 Bitcoin in April 2023 and Provides Infrastructure Updates Riot's Rockdale Facility Throughout the month of April, Riot’s engineering teams made significant progress towards the build out of the Company's ongoing 400 megawatt ("MW") digital infrastructure expansion project at our Rockdale Facility. In particular, in Building D, the installation of water cooling pads has been completed, while in Building E, the evaporative water wall system framing has been installed. Castle Rock
Diving headfirst cryptocurrency realm can feel like a rollercoaster ride, but wagering on the best blockchain stocks presents a smoother path to capitalize on this technology. Investors can find a more predictable and secure path in the digital finance sphere. By focusing on companies leveraging blockchain’s potential rather than betting on the dwindling crypto market sentiment. Instead of pure crypto investing, choosing blockchain stocks to buy offers many advantages. For starters, it bypasses
Bitcoin miners are cashing in on the banking crisis. Here's why three leaders in the crypto-mining space soared on Wednesday.
There were two major reasons for a deep correction in growth stocks in 2022. First, the Fed pursued aggressive contractionary policies and as liquidity dried up on a relative basis, high-beta stocks corrected. Furthermore, earnings revision on the downside in a post-pandemic era impacted several high-flying growth stocks. I believe that 2023 is a period of accumulation. Investors can look at undervalued growth stocks to buy now with an investment horizon of 24 months. Through financial history,
We all know that the cryptocurrency sector imposes significant volatility on would-be participants, thus making blockchain stocks quite attractive. Rather than exclusively focusing on the wild gyrations of market sentiment, these enterprises seek to leverage (to varying degrees) blockchain technology. Whether to spark other innovations or to facilitate crypto-mining processes, publicly traded blockchain companies have much to offer. In addition, targeting crypto alternatives rather than cryptos
Bitcoin (BTC-USD) has surprised many investors with a rally increasing its price over 64% this year-to-date (YTD). Without a doubt, many investors missed the swift rally. However, if the crypto winter is coming to an end, there are more big opportunities ahead. A good way to gain exposure to the crypto industry without diving head first into the unregulated digital currency landscape is to consider some attractive crypto stocks to buy. If the cryptocurrency industry continues to grow there will
I believe that there are penny stocks to buy in Q2 for a potential double from current levels. The first quarter of 2023 has not been easy for money making. However, based on company and industry specific tailwinds, there have been penny stocks that have surged by over 100%. For example, Riot Blockchain (NASDAQ:RIOT) stock skyrocketed by 280% as Bitcoin (BTC-USD) trended higher.InvestorPlace - Stock Market News, Stock Advice & Trading Tips My focus is on penny stocks that represent companies wit
Shares of several Bitcoin (CRYPTO: BTC) mining companies fell today along with the price of Bitcoin, which has dropped about 3.3% since the late afternoon yesterday and now trades around $29,500. Shares of Riot Platforms (NASDAQ: RIOT) traded roughly 4.5% lower as of 1:30 p.m. ET today, paring some of its losses from earlier when it had been down about 10%. Meanwhile, shares of the Canadian Bitcoin-mining companies Hut 8 Mining (NASDAQ: HUT) and Bitfarms (NASDAQ: BITF) traded roughly 7.7% and 3.2% lower, respectively.
Riot Platforms, Inc. ( NASDAQ:RIOT ) shares have continued their recent momentum with a 66% gain in the last month...
As monetary policies remain tight, there is an increasing fear recession in 2023. While several sectors might be impacted, a recession is not necessarily bad news for all. In fact, there are many sectors where we can still find some of the best stocks for recession. It’s important to understand why investors should not panic in a recession scenario. First, equities discount events in advance and it’s likely that the recession factor is priced in the market. Furthermore, policymakers shift stance