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

2024-05-07 - Q1 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

8.29 USD

Average target price

19.5 USD

Spread / Average Target

+135.22%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

	1st Jan change	Capi.
RIOT PLATFORMS, INC.	-40.98%	2.1B
MARATHON DIGITAL HOLDINGS, INC.	-29.76%	4.02B
PHOENIX GROUP PLC	-6.25%	3.44B
CLEANSPARK, INC.	+55.94%	3.66B
CIPHER MINING INC.	-7.02%	1.07B
HUT 8 CORP.	-39.66%	703M
BITDEER TECHNOLOGIES GROUP	-38.95%	658M
BITFARMS LTD.	-31.43%	679M
TERAWULF INC.	-4.58%	644M
BITFUFU INC.	-72.41%	489M

Cryptocurrency Mining

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-19 pm EDT			After market 07:27:02 pm
9.13 ^USD	+10.13%		9.3	+1.86%

Apr. 19	Top Cryptocurrencies Rise; Bitcoin Hovers Above $64,000	MT
Apr. 19	Most Large Cryptocurrencies Increase As Cardano Climbs	DJ

Top Cryptocurrencies Rise; Bitcoin Hovers Above $64,000	Apr. 19	MT
Most Large Cryptocurrencies Increase As Cardano Climbs	Apr. 19	DJ
Hong Kong approves Bitcoin Spot ETFs - Crypto Recap	Apr. 19
Top Cryptocurrencies Rise; Bitcoin Hovers Above $63,000	Apr. 18	MT
Riot Platforms Says New Corsicana Facility in Texas Operational	Apr. 18	MT
Large Cryptocurrencies Rise As Bitcoin Climbs	Apr. 18	DJ
Riot Platforms, Inc. Energizes New Corsicana Facility in Navarro County, Texas	Apr. 18	CI
Top Cryptocurrencies Fall; Bitcoin Weaker Around $61,000 Levels	Apr. 17	MT
Large Cryptocurrencies Fall As Chainlink Declines	Apr. 17	DJ
Top Cryptocurrencies Fall; Bitcoin Dips Below $63,000	Apr. 16	MT
Jason Les, CEO of Riot Platforms, is optimistic about Bitcoin ETFs	Apr. 16	MT
Dogecoin Leads Way As Most Big Cryptocurrencies Post Drops	Apr. 16	DJ
Top Cryptocurrencies Mixed; Bitcoin Hovers Above $63,000	Apr. 15	MT
Polkadot Leads Way As Large Cryptocurrencies Post Increases	Apr. 15	DJ
Top Cryptocurrencies Fall; Bitcoin Tumbles Below $67,000	Apr. 12	MT
Large Cryptocurrencies Drop On Avalanche, Cardano Decreases	Apr. 12	DJ
Cryptocurrency Index Gains; Bitcoin Tops $70,000	Apr. 11	MT
Dogecoin Leads Decreases As Large Cryptocurrencies Start Mixed	Apr. 11	DJ
Top Cryptocurrencies Mixed; Bitcoin Hovers Near $70,000	Apr. 10	MT
Large Cryptocurrencies Fall As Polkadot Tumbles	Apr. 10	DJ
JPMorgan Adjusts Price Target on Riot Platforms to $15.50 From $15, Maintains Overweight Rating	Apr. 10	MT
Top Cryptocurrencies Fall; Bitcoin Falls Below $69,000	Apr. 09	MT
Most Large Cryptocurrencies Fall On Dogecoin, Avalanche Drops	Apr. 09	DJ
Top Cryptocurrencies Rise; Bitcoin Tops $71,000	Apr. 08	MT
Large Cryptocurrencies Climb On Ethereum, Polkadot Increases	Apr. 08	DJ