Riot Platforms, Inc.

RIOT

US7672921050

Riot Platforms, Inc. is a vertically integrated bitcoin mining company principally engaged in enhancing its capabilities to mine bitcoin in support of the bitcoin blockchain. It also provides comprehensive and critical mining infrastructure for institutional-scale hosted clients to mine bitcoin at its Rockdale Facility. The Rockdale Facility provides over 700 megawatts in total developed capacity for its bitcoin mining and data center hosting services for institutional-scale hosted clients. It operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. Its Bitcoin Mining segment operates approximately 112,944 miners, with a hash rate capacity of 12.4 exahash per second (EH/s). Its Data Center Hosting segment operates at its Rockdale Facility and focuses on providing co-location services for institutional-scale bitcoin mining companies. Its Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products.

Sector

Blockchain & Cryptocurrency

Calendar

2024-06-12 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Riot Platforms, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

9.67 USD

Average target price

17.54 USD

Spread / Average Target

+81.40%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

	1st Jan change	Capi.
RIOT PLATFORMS, INC.	-37.62%	2.79B
MARATHON DIGITAL HOLDINGS, INC.	-10.30%	5.6B
CLEANSPARK, INC.	+48.32%	3.67B
PHOENIX GROUP PLC	-19.64%	2.96B
CIPHER MINING INC.	-2.18%	1.19B
BITDEER TECHNOLOGIES GROUP	-28.90%	982M
BITFARMS LTD.	-11.17%	958M
HUT 8 CORP.	-24.74%	864M
TERAWULF INC.	+16.25%	838M
BITFUFU INC.	-66.18%	630M

Cryptocurrency Mining

Market Closed - Nasdaq Other stock markets 16:00:00 2024-06-05 EDT			After market 17:25:05
9.65 ^USD	-0.21%		9.535	-1.19%

10:07pm	Top Cryptocurrencies Rise; Bitcoin Crosses $71,000 Level	MT
09:54pm	Sector Update: Financial Stocks Rise Late Afternoon	MT

Top Cryptocurrencies Rise; Bitcoin Crosses $71,000 Level	04:07pm	MT
Sector Update: Financial Stocks Rise Late Afternoon	03:54pm	MT
Sector Update: Financial Stocks Decline Wednesday Afternoon	02:13pm	MT
Sector Update: Financial	01:45pm	MT
Riot Platforms Shares Drop After Kerrisdale Capital Discloses Short Position	11:11am	MT
Riot Platforms Shares Fall After Kerrisdale Capital Reportedly Discloses Short Position	10:28am	MT
Top Cryptocurrencies Gain; Bitcoin Tops $70,000	06-04	MT
Riot Platforms Bitcoin Production Falls in May	06-04	MT
JPMorgan Adjusts Price Target on Riot Platforms to $12 From $15.50, Maintains Overweight Rating	06-04	MT
Riot Platforms, Inc. Appoints Stephen Howell as Chief Operating Officer	06-04	CI
Riot Platforms, Inc. Reports Unaudited Production Results for May 2024	06-04	CI
Top Cryptocurrencies Rise; Bitcoin Surges to $69,000	06-03	MT
Top Cryptocurrencies Fall; Bitcoin Falls Below $68,000 Level	05-31	MT
B. Riley Lowers Price Target on Riot Platforms to $13 From $15, Maintains Buy Rating	05-31	MT
Top Cryptocurrencies Mixed; Bitcoin Hovers Above $68,000	05-30	MT
Top Cryptocurrencies Fall; Bitcoin Drops to $67,000	05-29	MT
Bitfarms Looking at Alternatives After Rejecting Riot Offer	05-29	DJ
Bitfarms Responding to Unsolicited Proposal from Riot Platforms; BITF Up More Than 1% In US Premarket, Having Jumped In Both Canada and US on Tuesday	05-29	MT
Bitfarms Brief: Responding to Unsolicited Proposal from Riot Platforms	05-29	MT
Riot Platforms Boosts Beneficial Ownership Stake in Bitfarms to 10%, Plans to Nominate Independent Directors	05-29	MT
Riot Platforms Offers to Buy Bitfarms for USD 950 Million	05-29	CI
Riot Platforms Discloses Proposal to Acquire Rival Bitcoin Miner Bitfarms	05-28	MT
Sector Update: Financial Stocks Retreat Late Afternoon	05-28	MT
Sector Update: Financial Stocks Decline Tuesday Afternoon	05-28	MT
Sector Update: Financial	05-28	MT