Streetbeat News

RIOT

Riot Blockchain, Inc.

https://www.riotblockchain.com

Industry

Software - Application

Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As of December 31, 2021, it operated approximately 30,907 miners. Riot Blockchain, Inc. was incorporated in 2000 and is headquartered in Castle Rock, Colorado.

Open

12.23

Mkt cap

4.1B

Volume

25M

High

12.39

P/E Ratio

82.47

52-wk high

18.75

Low

11.46

Div yield

N/A

52-wk low

6.36

Shares of crypto-linked stocks are trading higher amid a rise in the price of Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:32 pm

Riot Platforms (NASDAQ:RIOT) has significantly outperformed the market over the past 5 years, delivering an average annual return of 41.59%. A $1000 investment in RIOT 5 years ago would be worth $5,894.87 today. The company's current market capitalization is $3.32 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 6:00 pm

Shares of crypto-linked stocks are trading lower amid a drop in the price of Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:35 pm

Shares of crypto-linked stocks are trading lower amid a drop in the price of Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 5:09 pm

High-rolling investors have shown unusual bearish options activity on Riot Platforms (NASDAQ:RIOT), with a significant number of trades indicating a bearish sentiment. The stock is currently trading at $11.99, down by 5.59%, and has an anticipated earnings release in 21 days. Analysts have set an average target price of $23.0.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 4:46 pm

Former President Donald Trump has shifted his stance on cryptocurrencies, aiming to use them as a wedge issue in the upcoming election. This pivot is intended to energize under-40 voters and secure donations. Trump's campaign has raised $3 million in crypto donations last quarter. His policies may favor a hands-off regulatory approach, contrasting with the Biden administration's crackdown.

Portfolio Pulse from Ivan Crnogatić

July 16, 2024 | 6:06 pm

U.S. stocks saw significant gains on Monday, with the Dow Jones index rising by around 250 points. Key stocks such as MicroStrategy, Coinbase, Robinhood, and Tesla experienced notable increases, driven by factors like Bitcoin's price surge and political events.

Portfolio Pulse from Avi Kapoor

July 15, 2024 | 3:04 pm

Bitcoin mining stocks including Marathon Digital, CleanSpark, Coinbase, MicroStrategy, and Riot Platforms are trading higher as Bitcoin surged past $63,000. Institutional investors resumed purchasing after weeks of sell-offs. Bitcoin ETFs like iShares Bitcoin Trust and ProShares Bitcoin Strategy ETF also saw positive flows.

Portfolio Pulse from Anusuya Lahiri

July 15, 2024 | 2:06 pm

Shares of crypto-linked stocks are trading higher after Bitcoin rose above $62,000.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 10:20 am

Bitcoin mining stocks, including Marathon Digital Holdings (MARA) and Riot Platforms (RIOT), are falling as Bitcoin's price drops below $56,000. Smaller miners like CleanSpark (CLSK), TeraWulf (WULF), and Bitfarms (BITF) are also affected. Bitcoin's recent decline is linked to movements by Mt. Gox and concerns from analysts about further downside.

Portfolio Pulse from Erica Kollmann

July 05, 2024 | 3:02 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.