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

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:09 pm

Benzinga's options activity scanner has identified significant options activity in 10 Information Technology stocks. The stocks include AAPL, NVDA, MSFT, RIOT, TSM, PLTR, MU, VMW, AMD, and MSTR. The options activity includes both put and call options, with varying sentiments of bullish and bearish. The expiration dates of these options range from October 20, 2023, to January 19, 2024.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:35 pm

Anthony Scaramucci, founder of SkyBridge Capital, believes Bitcoin could reach $150K to $250K with the launch of Bitcoin ETFs. He has invested hundreds of millions in the cryptocurrency space, including Bitcoin holdings on SkyBridge and his personal balance sheet. Scaramucci also partnered with FirstTrust to launch the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF (NYSE:CRPT) in 2021. The ETF includes companies linked to digital assets, such as MicroStrategy Inc (NYSE:MSTR), Coinbase Global (NASDAQ:COIN), Riot Platforms (NASDAQ:RIOT), Marathon Digital Holdings (NASDAQ:MARA), and Galaxy Digital Holdings (OTC:BRPHF).

Portfolio Pulse from Chris Katje

October 12, 2023 | 8:25 pm

JP Morgan analyst Reginald Smith has initiated coverage on Riot Platforms (NASDAQ:RIOT) with an Underweight rating and a price target of $6.5.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 2:02 pm

Northland Capital Markets has maintained its Outperform rating for Riot Platforms (NASDAQ:RIOT) but lowered its price target from $16.00 to $15.00. Riot Platforms' shares are currently trading down 3.93% at $9.53 per share. A move to $15.00 would represent a 57.4% increase from the current share price.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:00 pm

Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Riot Platforms (NASDAQ:RIOT) and maintained a $19 price target.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 3:52 pm

Northland Capital Markets analyst Mike Grondahl maintains an Outperform rating on Riot Platforms (NASDAQ:RIOT) but lowers the price target from $16 to $15.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:10 pm

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 5:19 pm

Riot Platforms has announced its Bitcoin production for September, producing 362 Bitcoins and selling 340 at an average net price of $26,379 per Bitcoin.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 8:48 pm

Benzinga's options activity scanner has identified unusual trading activity in 10 information technology stocks. The stocks include NVDA, MSFT, PATH, SMCI, RIOT, ZM, CLSK, ZS, DELL, and OKTA. The scanner tracks large transactions, often referred to as 'whale alerts', which can indicate the next big trading opportunities.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 5:35 pm

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