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

12.33

Mkt cap

4.3B

Volume

29M

High

12.84

P/E Ratio

85.40

52-wk high

18.75

Low

12.01

Div yield

N/A

52-wk low

6.36

Riot Platforms (NYSE:RIOT) has seen a 3.27% increase in its short percent of float, now at 16.75%, indicating a bearish sentiment compared to its peers with an average of 10.86%. This could signal potential volatility in the stock's price.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 6:00 pm

Bitcoin's price surge above $67,000 is driven by strong ETF inflows and positive market sentiment. Bitcoin ETFs saw $2 billion in new purchases last week, with total inflows reaching $20.5 billion this year. Bitcoin miners like Riot Blockchain, CleanSpark, and Marathon Digital have outperformed AI stocks. Robinhood Markets also reported significant growth in active traders and crypto trading revenues.

Portfolio Pulse from Khyathi Dalal

October 21, 2024 | 6:14 pm

Crypto-linked stocks are experiencing a rise in share prices as Bitcoin's value continues to increase.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 3:34 pm

Deep-pocketed investors are showing a bearish sentiment towards Riot Platforms (NASDAQ:RIOT), with significant options activity indicating potential price movements between $5.0 and $13.0. Despite a recent price increase, analysts have downgraded their ratings, reflecting caution.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:16 pm

MARA Holdings shares are rising as Bitcoin prices hit three-month highs, boosting crypto-related stocks. MARA secured a $200 million credit line using Bitcoin as collateral, aiming for strategic opportunities. Bitcoin ETFs also saw significant inflows.

Portfolio Pulse from Dylan Berman

October 16, 2024 | 5:24 pm

Shares of miners and crypto-linked stocks are trading higher following Bitcoin's rise above $67,000.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:17 pm

Bitcoin mining stocks Marathon Digital, Riot Platforms, and CleanSpark are rallying due to a rise in Bitcoin's price, which has increased by over 4% in the last 24 hours. Bitcoin ETFs saw strong inflows, possibly due to a more crypto-friendly political landscape.

Portfolio Pulse from Adam Eckert

October 14, 2024 | 3:53 pm

Crypto-linked stocks and miners are experiencing a rise in share prices due to an increase in Bitcoin's value.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 11:14 am

CleanSpark shares are rising due to an increase in Bitcoin's price. The company recently announced a significant increase in its operational hashrate and a new Chief Accounting Officer. Other crypto-linked stocks like Coinbase and Riot Platforms are also seeing gains.

Portfolio Pulse from Dylan Berman

October 11, 2024 | 6:10 pm

Shares of miners and crypto-linked stocks are experiencing an uptick due to a rise in Bitcoin prices.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:01 pm

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