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

Bitfarms and Riot Platforms have reached a settlement agreement ahead of a special meeting. Riot will withdraw its requisition and accept standstill provisions until Bitfarms' 2026 Annual Meeting. Riot also gains rights to purchase shares if it holds 15% or more of Bitfarms' common shares.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:02 am

The article highlights unusual options activity in the Information Technology sector, focusing on large trades by 'whales' in companies like NVDA, AAPL, MSTR, MSFT, INTC, RIOT, AVGO, CORZ, CLS, and DDOG. These activities can indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 5:35 pm

Crypto-linked stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates by 50 basis points.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:46 pm

Crypto-linked stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates by 50 basis points.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 6:42 pm

Crypto-linked companies' shares are rising as Bitcoin's price increases, driven by traders evaluating potential rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 4:56 pm

Riot Platforms (NASDAQ:RIOT) has significantly outperformed the market over the past 5 years, with an average annual return of 26.88%. A $100 investment in RIOT 5 years ago would now be worth $339.62, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 9:31 pm

Crypto-linked companies' shares are declining due to a drop in Bitcoin prices, possibly influenced by the ABC 2024 Presidential Debate.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 2:58 pm

Wealthy investors are showing a bearish sentiment towards Riot Platforms (NASDAQ:RIOT) with 69% of recent options trades being puts. The trading activity suggests a focus on a price range between $5.0 and $18.0. Riot Platforms' stock is currently trading at $6.58, up by 3.13%, with analysts setting price targets between $9 and $23.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 4:30 pm

Shares of crypto companies are experiencing an uptick as Bitcoin prices rise.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 4:18 pm

Shares of crypto companies are trading lower as Bitcoin's price declines, potentially influenced by mixed economic data affecting rate cut expectations.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:53 pm

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