Riot Platforms, Inc. (RIOT)
Pre-Market:
| Previous Close | 9.10 |
| Open | 9.00 |
| Bid | 6.64 x 200 |
| Ask | 8.59 x 10200 |
| Day's Range | 8.50 - 9.21 |
| 52 Week Range | 8.50 - 20.65 |
| Volume | |
| Avg. Volume | 24,179,956 |
| Market Cap | 2.173B |
| Beta (5Y Monthly) | 4.18 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.28 |
| Earnings Date | May 08, 2024 - May 13, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Oct 12, 2017 |
| 1y Target Est | 19.96 |
- Yahoo Finance Video
Bitcoin halving, crypto mining: Riot Platforms CEO discusses
Bitcoin (BTC-USD) prices are holding above $63,000 as the cryptocurrency gives up some ground on Monday. The bitcoin halving event is projected to take place this Friday, April 19, which operates to reduce the amount of available bitcoins in circulation once every four years. The bitcoin halving directly impacts the profits of bitcoin miners, including Riot Platforms (RIOT). Riot Platforms CEO Jason Les speaks with Yahoo Finance about Riot's preparations for the halving and the "compelling" upside effects the crypto space is currently experiencing, despite whatever "rough patch of volatility" the halving will bring. "The price appreciation in the first part of this year following the approval of various bitcoin ETFs, I think, has really helped dampen the negative impact of the halving will have on miners because we've already seen some upside. from this," Les says, later adding: "Our value proposition to investors is that through our low cost to power, we are effectively purchasing bitcoin at a discount to its market price. We are getting leverage on bitcoin nd we... expect to have more outsized returns when the bitcoin price appreciates." Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Luke Carberry Mogan.
Simply Wall St.Even though Riot Platforms (NASDAQ:RIOT) has lost US$517m market cap in last 7 days, shareholders are still up 121% over 5 years
The last three months have been tough on Riot Platforms, Inc. ( NASDAQ:RIOT ) shareholders, who have seen the share...
GlobeNewswireRiot Announces March 2024 Production and Operations Updates
Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 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 March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39
