Core Insights - Strategy (MSTR) and Riot Platforms (RIOT) are prominent Bitcoin-focused stocks, with MSTR being the largest bitcoin treasury company holding 607,770 bitcoins as of July 20, 2025, while RIOT provides infrastructure for Bitcoin mining [1][9]. Bitcoin Market Overview - Bitcoin has seen significant price increases, surpassing $120,000, driven by greater acceptance as a non-sovereign asset and increased institutional and corporate adoption [2]. - The passing of the GENIUS Act on July 17 has positively impacted digital assets by providing a legal framework for stablecoins, which must maintain a value equivalent to $1 [3]. - U.S. President Donald Trump's liberal policies and executive orders aimed at studying cryptocurrency regulations have further supported the growth of Bitcoin and related stocks [4]. Company Performance and Strategy - MSTR is on track to achieve a bitcoin yield of 25% and has raised its bitcoin dollar gain target to $15 billion, up from $10 billion [5]. - MSTR has raised $6.6 billion through equity offerings and $3.4 billion through fixed income, with plans to raise an additional $84 billion by the end of 2027 [6][7]. - MSTR is also benefiting from growing software subscription revenues and leveraging generative AI for application deployment across various industries [8]. Riot Platforms' Operations - RIOT is a vertically-integrated Bitcoin mining company, producing 1,530 Bitcoin in Q1 2025 with an uptime of over 88% and targeting a 22% hash rate growth in 2025 [9][10]. - RIOT plans to invest $155.8 million in developing its Corsicana Phase II project and is exploring the use of its power capacity for AI and High-Performance Computing [9]. - The company has seen an 8% sequential increase in Bitcoin holdings, totaling 19,223 Bitcoin as of March 31, 2025 [10]. Financial Estimates and Stock Performance - MSTR's 2025 loss estimate remains at $15.73 per share, while RIOT's estimate has improved to $1.44 per share [12][13]. - Year-to-date, MSTR shares have appreciated by 47.2%, while RIOT shares have returned 37.3% [14]. - MSTR is trading at a Price/Book ratio of 3.63X, compared to RIOT's 1.7X, indicating that RIOT is cheaper than MSTR [17][18]. Conclusion - MSTR's strategy of holding Bitcoin on its balance sheet provides a competitive edge, while RIOT's reliance on Bitcoin makes it riskier due to volatility [21]. - MSTR's diversified business model offers some investor relief, with MSTR holding a Zacks Rank of 3 (Hold) and RIOT at 4 (Sell) [21].

Core Insights - The article emphasizes that true wealth in the cryptocurrency market, particularly Bitcoin, is generated not by holding Bitcoin itself but by investing in companies that facilitate its availability, such as miners and refiners [2][3]. Company Analysis - Cleanspark Inc. is highlighted as offering the deepest discount to its 52-week high prices, presenting a significant opportunity for investors as Bitcoin prices rise [4]. - Cleanspark's stock forecast indicates a potential upside of 59.43%, with a 12-month price target of $20.38 based on analyst ratings [5]. - Institutional investors, like Vanguard Group, have increased their holdings in Cleanspark by 22.8%, indicating confidence in the company's future performance [7]. - Riot Platforms is also noted for its potential, with a 12-month stock price forecast of $17.35, suggesting a 25.18% upside [11]. - Riot Platforms has reported a net loss per share of $0.90, but forecasts predict improvement, which could lead to higher stock prices [12]. - Marathon Digital Holdings, with a market cap of $4.9 billion, is attracting more institutional interest and has a stock forecast of $20.94, indicating a 7.35% upside [14][16]. Market Trends - The article draws parallels between the current cryptocurrency market and historical commodity booms, suggesting that investing in the infrastructure supporting these assets can yield greater returns than the assets themselves [1][2]. - The smaller market capitalization of companies like Cleanspark and Riot Platforms limits their media exposure, which may present hidden opportunities for investors [10].

Core Viewpoint - Riot Platforms, Inc. is set to hold its second quarter 2025 earnings conference call on July 31, 2025, to discuss the financial results for the quarter ending June 30, 2025 [1] Company Overview - Riot Platforms, Inc. aims to be the leading Bitcoin-driven infrastructure platform, focusing on innovative solutions and community partnerships to achieve best-in-class execution [3] - The company operates Bitcoin mining facilities in central Texas and Kentucky, along with electrical engineering and fabrication operations in Denver, Colorado, and Houston, Texas [4] Conference Call Details - The earnings conference call will be accessible via an audio-only webcast, with registration links provided for participants in the United States and internationally [2]

Core Insights - The individual has retired after over 43 years in investment research, now operating independently to provide actionable investment insights [1] - The focus is on rules and factor-based equity investing strategies, emphasizing the use of numbers to inspire human intelligence-driven investment stories rather than solely relying on statistical studies [1] - The individual combines factor analysis with classic fundamental analysis to uncover the true story of companies and their stocks, highlighting the importance of future potential over past performance [1] Experience and Background - The individual has extensive experience covering a wide range of stocks, including large cap, small cap, micro cap, value, growth, and income [1] - Previous roles include managing a high-yield fixed-income fund and conducting research on quantitative asset allocation strategies, contributing to the development of Robo Advising [1] - The individual has authored two books on stock selection and analysis and has a passion for investor education, having conducted numerous seminars [1]

Group 1 - Riot Platforms (NASDAQ: RIOT) has gained significant traction in recent weeks, indicating a positive market sentiment towards the company [1] - An article published on May 5 provided a Hold rating for RIOT, suggesting a cautious approach for existing shareholders [1] - The author expresses a long-term investment strategy focused on identifying great businesses at reasonable prices, with a particular interest in technology and crypto sectors [1] Group 2 - The article reflects a personal opinion of the author, who holds a beneficial long position in RIOT shares through various financial instruments [1]

Bitcoin miner Riot Platforms produces 450 BTC, valued at $49.3 million, in June https://t.co/XX23tq7jrk ...

Core Insights - Riot Platforms, Inc. produced 450 Bitcoin in June 2025, marking a 12% decrease from May 2025 but a 76% increase year-over-year from June 2024 [1][2][3] Production Metrics - Bitcoin produced in June 2025: 450, down from 514 in May 2025, up from 255 in June 2024 [2] - Average Bitcoin produced per day: 15.0, down from 16.6 in May 2025, up from 8.5 in June 2024 [2] - Bitcoin held: 19,273, slightly up from 19,225 in May 2025, and significantly up from 9,334 in June 2024 [2] Sales and Financials - Bitcoin sold: 397, down from 500 in May 2025 [2] - Net proceeds from Bitcoin sales: $41.7 million, down 19% from $51.3 million in May 2025 [2] - Average net price per Bitcoin sold: $105,071, a 2% increase from $102,591 in May 2025 [2] Operational Efficiency - Total deployed hash rate: 35.5 EH/s, slightly up from 35.4 EH/s in May 2025, and up 62% from 22.0 EH/s in June 2024 [2] - Average operating hash rate: 29.8 EH/s, down from 31.5 EH/s in May 2025, but up 162% from 11.4 EH/s in June 2024 [2] - Fleet efficiency: 21.2 J/TH, unchanged from May 2025, but down 18% from 25.8 J/TH in June 2024 [2] Power and Credits - Total power credits: $5.6 million, up 141% from $2.3 million in May 2025 [2] - Demand response credits: $1.8 million, a 6% increase from $1.7 million in May 2025 [2] - All-in power cost: 3.4 cents/kWh, down 11% from 3.8 cents/kWh in May 2025 [2] Strategic Initiatives - The company is participating in ERCOT's Four Coincident Peak program, which enhances grid stability and improves competitive positioning [3] - Riot is actively recruiting for various positions to support its growth and operations [3]

Group 1: Hong Kong Stocks - Lehua Entertainment (02306) surged over 24% due to strong market performance of its toy IP "WUKUKU," with multiple new products setting sales records and the theme song exceeding 1 billion views [1] - United Energy Group (00467) rose over 7% after signing a 15-year production increase contract with Uzbekistan's UNG, involving 57.8 billion cubic meters of oil and gas production, with an initial investment of $100 million to expand into Central Asia [1] - Smoore International (06969) fell over 3% as shareholder Yiwei Lithium Energy plans to reduce its stake by 3.5% (216 million shares), resulting in a decrease of its holding to 27.23%, no longer being the controlling shareholder [1] - New World Development (00200) dropped over 5% after completing a "2 for 1" rights issue, issuing 758 million shares and raising HKD 771 million, with oversubscription of 13 times [1] - Fourth Paradigm (06682) increased over 7% after launching AI solutions for the manufacturing industry, covering production optimization to supply chain intelligence upgrades [1] - Shandong High-Tech Holdings (00412) rose over 4% as Zhongtai Securities highlighted significant synergy between its new energy and digital infrastructure, with a data center PUE value of 1.15, enhancing financial integration [1] - KANAT Optical (02276) increased over 4% due to an explosion in the smart glasses market (e-commerce transactions up 8 times), with Meta collaborating with Oakley to launch AI glasses, positioning the company with leading 3C enterprises [1] Group 2: Other Notable Stocks - Sipai Health (00314) rose over 7% after partnering with Anruijiaer to develop customized insurance, planning to sell 6 pharmacies for 5.89 million to focus on core medical insurance business [2] - SF Express (09699) increased over 5% after raising its delivery service revenue cap for 2025/26 to HKD 12.8 billion / HKD 20.5 billion, with demand growth exceeding expectations [2] - Liufu Group (00590) fell over 3% as it projected a 40% decline in profits for the 2025 fiscal year, primarily due to gold hedging losses and high base effects from acquisition gains [2] - Zhenjiu Lidu (06979) rose over 4% after announcing Yao Annan as the "Cultural Heritage Ambassador" for liquor, leveraging Huawei-related topics to boost brand visibility [2] - Ideal Auto-W (02015) dropped over 4% as Meituan's Wang Xing sold 5.73 million shares for HKD 600 million, reducing his stake to 20.61% [2] - Health Road (02587) surged over 7% as its liver disease AI management platform was selected for Beijing's digital medical verification program, supporting WHO's "2030 Hepatitis Elimination" goal [2] - Gilead Sciences-B (01672) rose over 5% after its psoriasis oral drug ASC50 completed the first dosing in Phase I clinical trials in the U.S., targeting the IL-17 pathway [2] - China Silver Group (00815) increased over 10% after partnering with Zefeng Gold to acquire a 55% stake in a lead-zinc exploration company, gaining exploration rights over 50.8 square kilometers in Tibet [2] Group 3: U.S. Stocks - Verve Therapeutics (VERV.US) skyrocketed over 80% as Eli Lilly prepares to acquire the gene-editing company for up to $1.3 billion, with $1 billion as an upfront payment and $300 million contingent on specific clinical milestones [4] - Solar energy stocks plummeted, with Sunrun (RUN.US) down over 40%, Solaredge Technologies (SEDG.US) down over 41%, and First Solar (FSLR.US) down over 22%, following a Republican proposal in the U.S. Senate to terminate wind and solar tax credits by 2028, raising concerns about the industry's outlook [4] - Reddit (RDDT.US) rose over 6% after launching the AI advertising tool Reddit Insights, enhancing ad targeting through real-time user trend analysis [4] - Bitcoin-related stocks fell, with CleanSpark (CLSK.US) down over 7% and Riot Platforms (RIOT.US) down over 5%, as Bitcoin prices dropped nearly 2% to $105,580 amid escalating tensions in the Middle East and high leverage positions in the derivatives market [4] - AMD (AMD.US) continued to rise 0.56% after officially launching the Zen5 architecture Ryzen Threadripper processors, covering the workstation and desktop markets, with a market share close to 50% in China for Q1, although there are concerns about its cost-performance ratio [5] - Brain Regen Technologies (RGC.US) surged over 30% after announcing a 38-for-1 stock split, coupled with FDA clinical trial approval news, although its actual business has no revenue and a very small float, indicating significant retail speculation [6] - Jabil (JBL.US) rose over 8%, reaching a new all-time high of $202.5, with Q3 revenue increasing 15% year-on-year to $7.83 billion, raising its full-year revenue forecast to $29 billion and planning a $500 million investment to support AI data center infrastructure [6] - Niu Technologies (NIU.US) increased over 11% after launching its new NX Play electric motorcycle on Douyin, integrating a smart riding system to enhance user experience [6] - T-Mobile US (TMUS.US) fell nearly 4% as SoftBank sold 21.5 million shares at $224 each, a 3% discount, triggering market sell-off [6] - The pharmaceutical sector saw widespread declines, with Eli Lilly (LLY.US) down over 2% and Novo Nordisk (NVO.US) down over 3%, as concerns grew over the potential impact of the U.S. Senate tax bill on the industry, coupled with profit-taking ahead of some companies' earnings reports [6] - The gold sector declined, with Gold Fields (GFI.US) down over 2.1%, and spot gold fell 0.27% to $3,375.53, as easing tensions in the Middle East reduced safe-haven demand, alongside Citigroup's bearish long-term gold price forecast [7]

Company Performance - Riot Platforms, Inc. closed at $10.11, reflecting a +2.64% change from the previous session, outperforming the S&P 500's daily gain of 0.09% [1] - The stock has increased by 16.16% over the past month, surpassing the Finance sector's gain of 5.44% and the S&P 500's gain of 7.21% [1] Upcoming Earnings - The company is expected to report an EPS of -$0.26, which is an improvement of 18.75% from the prior-year quarter [2] - Revenue is projected to be $142.25 million, representing a significant increase of 103.15% from the prior-year quarter [2] Full Year Projections - For the full year, earnings are projected at -$1.53 per share, indicating a decline of 550% from the prior year [3] - Revenue for the full year is estimated at $623.25 million, reflecting a growth of 65.47% from the previous year [3] Analyst Forecasts - Recent revisions to analyst forecasts for Riot Platforms, Inc. are crucial as they indicate changing business trends [4] - Upward revisions in estimates suggest analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Riot Platforms, Inc. at 5 (Strong Sell) [6] - Over the past month, the Zacks Consensus EPS estimate has decreased by 0.52% [6] - The Financial - Miscellaneous Services industry, part of the Finance sector, holds a Zacks Industry Rank of 141, placing it in the bottom 43% of all industries [7]

Core Viewpoint - Riot Platforms, Inc. has appointed Jonathan Gibbs as Chief Data Center Officer to spearhead the development of a new data center platform aimed at expanding the company's operations beyond Bitcoin mining and enhancing revenue diversification [1][2][3] Company Strategy - The new data center platform is part of Riot's strategy to maximize asset value by developing non-Bitcoin-related data centers, which will diversify revenue streams and strengthen contracts with leading technology firms [2] - This initiative builds on Riot's vertically-integrated strategy that leverages Bitcoin mining to create value across its land and power portfolio, positioning the company to benefit from the increasing demand for digital infrastructure driven by cloud computing and AI [2] Leadership and Expertise - Jonathan Gibbs brings over 15 years of experience in designing and building large-scale data centers, having overseen projects totaling more than one gigawatt of capacity and representing over $17 billion in investment [3] - His previous role as Executive Vice President of Product Delivery at Prime Data Centers involved leading the design and construction of data centers across the United States [3] Market Positioning - Riot has a pipeline of over 1.7 gigawatts of power available, strategically located near major markets, which positions the company to effectively meet the strong demand for high-performance computing [4]