Down 58% From Its High, Could Riot Platforms Stock Get Help From the Bitcoin Halving?
Riot Platforms(RIOT) The Motley Fool·2024-04-18 08:54Should crypto investors buy this beaten-down stock?Bitcoin (CRYPTO: BTC) has been enjoying a strong year, with the digital currency hitting all-time highs in 2024. But that bullishness hasn't been paying off for crypto mining stock Riot Platforms (RIOT -1.12%), whose shares are down 45% since the start of the year. Now nowhere near its 52-week high of $20.65, the excitement around the stock appears to be fading.But could the upcoming Bitcoin halving event help rally the crypto stock? While it will reduce th ...