Riot Platforms(RIOT) ZACKS·2025-02-21 18:50Core Viewpoint - Riot Platforms, Inc. (RIOT) is expected to report its fourth-quarter 2024 results on February 24, with a consensus estimate indicating a loss of 27 cents per share and revenues of 114 million, indicating a 70% sequential growth [9]. Stock Performance - RIOT's stock price has increased by 39% over the past six months, while the broader industry has seen a 93% growth, with mixed performances from other crypto-focused stocks [11]. Operational Challenges - The company faces challenges due to the Bitcoin halving event, which has increased mining difficulty without a corresponding rise in Bitcoin prices, leading to operational inefficiencies [15]. - RIOT's Bitcoin production has only increased by 1% year-over-year in January 2025, raising concerns about future profitability [15]. Volatility and Investment Considerations - RIOT exhibits a high beta of 4.23, indicating extreme volatility and potential risks for short-term investors [16]. - The company is advised to adopt a wait-and-watch approach, monitoring quarterly reports, Bitcoin price movements, and efficiency improvements before making further investment decisions [16].