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

2024-05-28 - Bernstein Strategic Decisions Conference

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

10.37 USD

Average target price

17.83 USD

Spread / Average Target

+71.97%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

	1st Jan change	Capi.
RIOT PLATFORMS, INC.	-33.16%	2.99B
MARATHON DIGITAL HOLDINGS, INC.	-11.96%	5.79B
PHOENIX GROUP PLC	-15.62%	3.28B
CIPHER MINING INC.	-4.24%	1.27B
HUT 8 CORP.	-31.67%	839M
BITFARMS LTD.	-23.12%	836M
BITDEER TECHNOLOGIES GROUP	-39.15%	719M
TERAWULF INC.	-15.00%	691M
APPLIED DIGITAL CORPORATION	-32.64%	618M
BITFUFU INC.	-67.83%	551M

Cryptocurrency Mining

Real-time Estimate Cboe BZX Other stock markets 03:21:19 2024-05-28 pm EDT			5-day change	1st Jan Change
10.32 ^USD	-0.48%		-2.78%	-33.32%

07:50pm	Sector Update: Financial Stocks Decline Tuesday Afternoon	MT
07:42pm	Sector Update: Financial	MT

Sector Update: Financial Stocks Decline Tuesday Afternoon	01:50pm	MT
Sector Update: Financial	01:42pm	MT
Cryptoverse: Miners trudge through post-halving world	09:57am	RE
Riot Proposes $2.30 per Share to Acquire Bitfarms in Cash, Stock Deal	09:53am	MT
Riot Platforms proposes to buy crypto miner Bitfarms, becomes largest shareholder	09:33am	RE
Nasdaq-Listed Riot Platforms Offers to Buy Crypto Miner Bitfarms For US$2.30 Per Share; BITF Up 9% at US$2.21 In US Premarket	09:25am	MT
Riot Proposes to Acquire Bitfarms for $2.30 Per Share	09:09am	MT
Riot Proposes to Acquire Bitfarms for $2.30 Per Share	09:07am	MT
Riot Platforms proposes to buy crypto miner Bitfarms	08:42am	RE
Bitfarms Brief: Nasdaq-listed Riot Platforms Proposes to Acquire Bitfarms for US$2.30 Per Share	08:39am	MT
Riot Platforms, Inc. cancelled the acquisition of remaining 90.75% stake in Bitfarms Ltd. for approximately $830 million.	2024-05-27	CI
Top Cryptocurrencies Rise Broadly; Bitcoin Nears $69,000	May. 24	MT
Top Cryptocurrencies Fall; Bitcoin Drops to $67,000	May. 23	MT
Top Cryptocurrencies Rise Slightly; Bitcoin Remains at $69,000	May. 22	MT
Top Cryptocurrencies Mixed; Bitcoin Holds Around $69,000 Levels	May. 21	MT
Top Cryptocurrencies Rise; Bitcoin Nears $70,000	May. 20	MT
Top Cryptocurrencies Rise; Bitcoin Advances Near $67,000	May. 17	MT
Top Cryptocurrencies Mixed; Bitcoin Falls to $65,000	May. 16	MT
Top Cryptocurrencies Rise; Surging Bitcoin Tops $66,000	May. 15	MT
Riot Platforms, Inc. made a proposal to acquire remaining 90.75% stake in Bitfarms Ltd..	May. 14	CI
Top Cryptocurrencies Fall; Bitcoin Drops to $61,000	May. 14	MT
Top Cryptocurrencies Rise; Bitcoin Jumps to $63,000	May. 13	MT
Top Cryptocurrencies Fall; Bitcoin Drops to $60,000 Level	May. 10	MT
Top Cryptocurrencies Trend Upwards; Bitcoin Remains At $62,000 Threshold	May. 09	MT
Top Cryptocurrencies Fall; Bitcoin Retreats to $62,000	May. 08	MT