(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 79.3MM | +1% |
Operating Income | 203.9MM | -190700% |
Operating Expenses | -124.6MM | - |
Net Income | 211.8MM | - |
G&A | 57.7MM | +49% |
Amortization | 32.3MM | -48% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Riot Platforms faces a tough road ahead due to the recent Bitcoin halving event, but it is looking to get bigger and more efficient.
After dropping to a low of $59,117.50, Bitcoin (BTC-USD) is back above $63,000, creating big opportunity for some of the best crypto mining stocks to buy. Even better, the digital currency could race even with two nearing catalysts. For one, according to CoinDesk.com, “May 15 marks the deadline for institutional investment managers to file form 13-F with the Securities and Exchange Commission. If more firms are shown to have purchased the newly approved spot bitcoin exchange-traded funds during
After a big rally in the first two months of the year, Bitcoin (BTC-USD) seems to be consolidating. Amidst the volatility, the cryptocurrency has traded between $60,000 to $70,000. However, with Bitcoin halving done, I expect a fresh rally relatively soon. Therefore, the current consolidation phase is a good time to consider some crypto stocks to buy for quick returns. Besides the Bitcoin halving factor, there is another reason to be bullish on cryptocurrencies. It’s likely that there will be mu
The rules of investing have significantly changed over the years. That particularly holds true for investors looking for short-term gains. For a value investor, the best strategy is to buy when there is blood on the street and hold patiently. For a trader, charts provide insight into the timing of entry or exit. However, in the last few years, exposure to stocks with high short interest or exposure to the best meme stocks has done wonders. The focus of this column is on meme stocks to buy that c
Over the last few weeks, Bitcoin (BTC-USD) plummeted from a high of $71.618 to a recent low of $56.814. Diving along with it were some of the top crypto mining stocks. All thanks to profit-taking, Bitcoin ETF outflows, and vulnerability to the outlook for interest rates, which appears to have cooled with the Federal Reserve’s announcement on Wednesday. However, with a good deal of negativity priced in, investors may want to consider buying the dip in Bitcoin, and in BTC mining stocks. Even bette
Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41%
It's been a sad week for Riot Platforms, Inc. ( NASDAQ:RIOT ), who've watched their investment drop 14% to US$10.30 in...
Riot Blockchain, Inc. (NASDAQ:RIOT) Q1 2024 Earnings Call Transcript May 1, 2024 Riot Blockchain, Inc. beats earnings expectations. Reported EPS is $0.81, expectations were $-0.21. RIOT isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings and welcome to the Riot […]
Discover how Riot Platforms Inc achieved a dramatic increase in net income and strategic growth in Bitcoin holdings, despite facing production and operational hurdles.
Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot