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

18/08/2024 - Q2 2024 Earnings Release (Projected)

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

10.53 USD

Average target price

17.79 USD

Spread / Average Target

+68.96%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

	1st Jan change	Capi.
RIOT PLATFORMS, INC.	-31.93%	3.04B
MARATHON DIGITAL HOLDINGS, INC.	-17.11%	5.31B
CLEANSPARK, INC.	+60.56%	4.04B
PHOENIX GROUP PLC	-19.64%	2.96B
CIPHER MINING INC.	+19.85%	1.53B
BITDEER TECHNOLOGIES GROUP	+0.91%	1.37B
TERAWULF INC.	+63.33%	1.31B
BITFARMS LTD.	+2.34%	1.18B
HUT 8 CORP.	-15.44%	1.02B
APPLIED DIGITAL CORPORATION	-31.01%	637M

Cryptocurrency Mining

Market Closed - Nasdaq Other stock markets 21:00:00 14/06/2024 BST			5-day change	1st Jan Change
10.53 ^USD	-4.10%		+8.33%	-31.93%

06-14	Top Cryptocurrencies Fall; Bitcoin Sinks Below $66,000	MT
06-14	Riot Platforms Discloses 14% Stake in Bitfarms, Seeks Special Meeting to Revamp Board	MT

Top Cryptocurrencies Fall; Bitcoin Sinks Below $66,000	06-14	MT
Riot Platforms Discloses 14% Stake in Bitfarms, Seeks Special Meeting to Revamp Board	06-14	MT
Top Cryptocurrencies Fall; Bitcoin Slumps Near $66,000	06-13	MT
Sector Update: Financial Stocks Ease in Late Afternoon Trading	06-13	MT
Sector Update: Financial Stocks Lower in Afternoon Trading	06-13	MT
Sector Update: Financial	06-13	MT
Bitfarms Surges 12% as Says Riot Platforms Unsolicited Offer "Significantly" Undervalues Company	06-13	MT
Bitfarms Accuses Riot Platforms of Pursuing "Opportunistic" Plan Against Shareholder Interests	06-13	MT
Bitfarms Says Riot Platforms Unsolicited Offer "Significantly" Undervalues Company	06-13	MT
Bitcoin miner Riot Platforms attacks takeover target Bitfarms over poison pill	06-13	RE
Top Cryptocurrencies Rise Moderately; Bitcoin Holds Ground at $67,000	06-12	MT
Bitcoin miner Riot Platforms attacks takeover target Bitfarms over poison pill	06-12	RE
Riot Platforms Denounces Bitfarms' Shareholder Rights Plan	06-12	MT
Riot Platforms Comments on Bitfarms? Adoption of Poison Pill	06-12	CI
Bitfarms Comments on Riot Platforms' Attempt to Disrupt Strategic Review Process	06-11	CI
Top Cryptocurrencies Fall; Bitcoin Slides to $67,000 Level	06-11	MT
Wall St slips ahead of inflation report, Fed decision; Apple rebounds	06-11	RE
Futures ease on rate-cut jitters ahead of inflation data, Fed meet	06-11	RE
Futures fall as markets await Fed decision, CPI data	06-11	RE
TSX gets a bump after oil prices reach one-week high	06-10	RE
Top Cryptocurrencies Fall; Bitcoin Dips to $69,000	06-10	MT
TSX flat on investor caution; resource stocks lead gains	06-10	RE
Bitfarms to Adopt 'Poison Pill' Amid Riot Takeover Attempt	06-10	CI
Bitfarms Adopts Shareholder Rights Plan to Counter Riot Platforms' Share Accumulation	06-10	MT
Bitfarms to adopt 'poison pill' amid Riot takeover attempt	06-10	RE