Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Riot Platforms, Inc. (RIOT) .Riot Platforms, Inc. currently has an average ...

MIAMI, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to unveil RIOX, the first 2X long ETF for Riot Platforms, Inc. RIOX seeks to provide 200% long daily targeted exposure to Riot Platforms, Inc. Defiance’s single-stock ETFs provide leveraged exposure to disruptive companies without the need for a margin account. “Building off the success of MSTX, RIOX offers investors a unique opportunity to amplify their exposure to the rapidly evolving blockchain and cryptocurrency mining sector. Riot Platform ...

Riot Platforms, Inc. (RIOT) has seen its stock surge 45% in the past three months but decline 10% in the past month, indicating that the stock has entered a correction phase.This decline aligns with the performance of other cryptocurrency-centric stocks like Cipher Mining (CIFR) , which has declined 19% and Marathon Digital (MARA) , which has dropped 27% over the same period.Image Source: Zacks Investment ResearchGiven the recent weakness in RIOT shares, investors may be tempted to buy the stock. But is thi ...

Riot Platforms is engaged in both the mining of bitcoin, as well as owning and operating its own mining facilities. Vertical integration enables Riot to directly control its operations and manage input costs such as power and overhead fees, as opposed to renting out space from third-party data center operators. Riot has two business segments: Bitcoin Mining and Engineering (designing and manufacturing power distribution equipment and custom-engineered electrical products). The company is one of the largest ...

CASTLE ROCK, Colo., Dec. 16, 2024 /PRNewswire/ -- Riot Platforms, Inc. (Nasdaq: RIOT) ("Riot" or the "Company") today announced that it completed its previously announced offering of its 0.75% convertible senior notes due 2030 (the "2030 Notes"). The aggregate principal amount of the 2030 Notes sold in the offering was $594.4 million, which included $69.4 million aggregate principal amount of the 2030 Notes relating to the partial exercise of the initial purchasers' option. The 2030 Notes were sold in a pri ...

News of a prominent investor's entry into Riot Platforms (RIOT 4.76%) juiced the cryptocurrency miner and investor's stock on Thursday. Eager investors piled into its shares, sending their value almost 5% higher on the day. That made the stock something of an outlier, as its leap well into positive territory contrasted with the S&P 500 index's 0.5% decline that session.An activist apparently buys inThat morning, The Wall Street Journal reported that Starboard Value, a veteran corporate gadfly, had purchased ...

Riot Platforms, Inc. RIOT shares are little changed on Thursday. But that may not be the case for long.A moving average crossover strategy has just flashed a sell signal. This is why our team of technical analysts has made it our Stock of the Day.Moving average crossover strategies are very popular on Wall Street. They are easy to understand and test — and are completely objective.The red line on the chart is the 20-day simple moving average. It is the average closing price of the past 20 days.The blue line ...

Bitcoin Production and Operations Updates for November 2024  Comparison (%)   Metric November 2024 1 October 2024 1 November 2023 Month/Month Year/Year Bitcoin Produced 495 505 552 -2 % -10 % Average Bitcoin Produced per Day 16.5 16.3 18.4 1 % -10 % Bitcoin Held 2 11,425 10,928</ ...

Riot Produces 505 Bitcoin in October 2024 and Increases Hash Rate Deployed to 29.4 EH/s CASTLE ROCK, Colo., Nov. 4, 2024 /PRNewswire/ -- 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 October 2024.  Bitcoin Production and Operations Updates for October 2024 Riot's Corsicana Facility Riot's Corsicana Facility, Building B1 Hash Rate Growth Comparison ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: to: Commission file number: 001-33675 RIOT PLATFORMS, INC. (Exact name of registrant as specified in its charter) Nevada 84-1553387 (State or other juri ...