
Riot Platforms, Inc., along with its associated companies, primarily operates as a Bitcoin mining enterprise within the United States. The firm's activities are divided into two main areas: Bitcoin Mining and Engineering. It develops and manages essential infrastructure for large-scale Bitcoin mining operations at sites in Rockdale and Navarro counties, Texas, as well as two facilities in Paducah, Kentucky. Beyond its mining endeavors, the company's Engineering division designs and manufactures specialized power distribution equipment and custom-engineered electrical solutions. This segment…

Bond yields, oil prices, and inflation rhetoric have teamed up to make it tough for investors heading into fall.
For years, bitcoin miners traded like a leveraged bet on the token they produce. That relationship broke down over the past year, according to a recent CoinShares report.

I continued to rate Riot Platforms a Strong Buy with an increased price target of $35, implying 75% upside from the current level. RIOT's 20-year, 191 MW AI lab lease at Rockdale secures $9.1B in contract revenue, driving $365–$411M in annual NOI at 80–90% margins. I retain my 20x FWD EV/EBITDA multiple, despite the sector median sitting closer to 14.2x.

Bitcoin, crypto stocks tumbled Tuesday after the Senate failed to advance the Clarity Act, leaving digital asset market structure in limbo.

Riot Platforms, Inc. (RIOT) reached $20.95 at the closing of the latest trading day, reflecting a -2.42% change compared to its last close.