MARKET COMPOSITE
RIOT - Riot Blockchain Inc8:00:00 PM 5/17/2024
Price
$10.06
+ 0.06 (0.60%)
Riot Blockchain, Inc., together with its subsidiaries, focuses on building, supporting, and operating Blockchain technologies ecosystem. It is involved in digital currency mining operation, which utilizes specialized computers that generate digital currency primarily bitcoin. The company also holds interests in various activities, including purchasing and selling digital currencies; provides accounting, audit, and verification services for blockchain based assets, such as cryptocurrencies; and develops TessPay, a payments ecosystem for component and sub-component supply chain settlement solution, as well as other blockchain solutions for telecommunications companies. As of December 31, 2019, approximately 7,400 of the miners were installed and operating. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017. Riot Blockchain, Inc. was founded in 2000 and is based in Castle Rock, Colorado.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue79.3MM+1%
Operating Income203.9MM-190700%
Operating Expenses-124.6MM-
Net Income211.8MM-
G&A57.7MM+49%
Amortization32.3MM-48%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    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