Acquisition immediately terminates unprofitable legacy hosting contracts with Rhodium Riot assumes Rhodium's 125 MW of power capacity and existing operating assets at the Rockdale Facility 100% of the Rockdale Facility power capacity now dedicated to Riot Platforms and its subsidiariesCASTLE ROCK, Colo., April 28, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce that Whinstone US, Inc. ("Wh ...

Company Overview - V2X (VVX) is expected to report a year-over-year increase in earnings due to higher revenues for the quarter ended March 2025, with a consensus EPS estimate of $0.92, reflecting a +2.2% change, and revenues projected at $1.03 billion, up 2% from the previous year [1][3]. Earnings Expectations - The earnings report is anticipated to be released on May 5, 2025, and could lead to a stock price increase if the results exceed expectations; conversely, a miss could result in a decline [2]. - The consensus EPS estimate has been revised 1.23% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for V2X is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.53%, suggesting a likelihood of beating the consensus EPS estimate [10][11]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. Historical Performance - V2X has a history of exceeding consensus EPS estimates, having beaten expectations in three out of the last four quarters, with a notable surprise of +16.67% in the last reported quarter [12][13]. Industry Comparison - Riot Platforms, Inc. (RIOT), another player in the Zacks Technology Services industry, is expected to report an EPS of $0.25 for the same quarter, indicating a significant year-over-year decline of -130.9%, despite a revenue increase of 101.5% to $159.79 million [17]. - The consensus EPS estimate for Riot has been revised 4.2% lower in the last 30 days, but a higher Most Accurate Estimate has resulted in an Earnings ESP of 32.00%, indicating a likelihood of beating the consensus EPS estimate [18].

The latest trading session saw Riot Platforms, Inc. (RIOT) ending at $7.77, denoting a -0.26% adjustment from its last day's close. This change lagged the S&P 500's 0.74% gain on the day. At the same time, the Dow added 0.05%, and the tech-heavy Nasdaq gained 1.26%.Shares of the company witnessed a gain of 0.26% over the previous month, beating the performance of the Business Services sector with its loss of 4.61% and the S&P 500's loss of 4.77%.The investment community will be closely monitoring the perfor ...

The market expects Riot Platforms, Inc. (RIOT) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be r ...

Core Viewpoint - The recent surge in cryptocurrency prices, particularly Bitcoin, is attributed to statements made by former President Trump regarding the need for clear regulatory policies in the cryptocurrency sector and the appointment of Paul Atkins as the SEC chairman, who is perceived as more favorable towards the industry [1][2][3]. Group 1: Cryptocurrency Market Performance - In the past 24 hours, Bitcoin rose over 6% to surpass $93,000 per coin, while Ethereum increased by over 13% and Solana by over 9% [1][2]. - The total cryptocurrency market capitalization has exceeded $3 trillion, currently standing at $3.054 trillion, with a 24-hour trading volume of approximately $153.89 billion [1]. - The market experienced over $600 million in liquidations, with approximately 168,000 traders affected, predominantly from short positions [1]. Group 2: Regulatory Developments - Trump's recent comments emphasized the necessity for clear regulatory frameworks for the cryptocurrency industry, suggesting that SEC Chairman Paul Atkins is the right person to ensure regulatory certainty [2][3]. - Atkins, who has previously advocated for reduced regulation on cryptocurrencies, was confirmed as SEC chairman with a Senate vote of 52 to 44 [2]. Group 3: Market Reactions and Predictions - Following Trump's remarks, market sentiment improved, leading to significant gains in U.S. stock indices, with all three major indices rising over 2.5% [3]. - Companies related to cryptocurrencies, such as Coinbase and MicroStrategy, saw their stock prices increase significantly, with MicroStrategy's Bitcoin holdings now showing a profit of $13.5 billion [4][3]. - Analysts predict a potential market correction, with Bitcoin possibly retracing to $88,000 per coin due to overbought conditions [4]. Group 4: Bitcoin's Decoupling from Tech Stocks - Bitcoin has shown a strong rebound of over 24% since its low of $74,500 per coin on April 7, indicating a potential decoupling from the volatility of U.S. tech stocks [5]. - The cryptocurrency is now being compared more closely to gold, especially amid trade uncertainties, suggesting a shift in its market behavior [5][6]. Group 5: Strategic Reserve Plans - The U.S. government's plan to include Bitcoin in its strategic reserves is seen as a move to enhance Bitcoin's status as a safe-haven asset [6]. - Trump's executive order from March outlines a strategy for the government to acquire more Bitcoin, potentially funded through tariff revenues, with further details expected soon [6].

Group 1: US Stock Market Performance - The US stock market experienced a significant rebound, with all three major indices showing strong gains. The Dow Jones Industrial Average surged by 1,016.57 points, a rise of 2.66%. The Nasdaq Composite Index increased by 429.52 points, or 2.71%, while the S&P 500 Index rose by 129.56 points, equivalent to 2.51% [1]. Group 2: Cryptocurrency and Blockchain Stocks - The cryptocurrency market showed signs of recovery, with Bitcoin breaking the $90,000 mark. This surge positively impacted blockchain-related stocks, with MARA Holdings soaring over 14%, Riot Platforms climbing 13%, and both Canaan Inc. and Coinbase rising by more than 8%. MicroStrategy also saw an increase of nearly 8%, leading to a collective rally in the blockchain sector [2]. Group 3: Chinese Stocks Performance - Chinese stocks continued their strong performance, with the Nasdaq China Golden Dragon Index achieving a daily increase of 3.69%, outperforming the broader market [3]. Group 4: Economic Policy and Market Sentiment - Recent comments from President Trump indicated a shift in stance, as he expressed no intention to dismiss Federal Reserve Chairman Powell but urged for more aggressive interest rate cuts. Powell reaffirmed the Fed's independence and focus on controlling inflation, suggesting a cautious approach to monetary policy amid economic uncertainties. This political dynamic may influence market sentiment and investment strategies [4]. Group 5: A-Share Market Outlook - The positive momentum from the US stock market is expected to influence the A-share market, with sectors such as technology, finance, and exports likely to attract investor attention and present new growth opportunities [5].

▶ 这家数字资产挖矿服务商正受益于最新一轮加密货币热潮，同时计划通过加强自营挖矿业务提 升盈利能力 BitFuFu （FUFU.US）正迎来高光时刻，且毫无安于现状之态。 在加密货币最新一轮复苏浪潮中——比特币价格过去六个月涨幅超过30%——这家数字资产挖矿服务商正 经历利润飙升。但BitFuFu并未止步于此，正快速拓展自营加密挖矿业务。若当前牛市持续，此举将带来丰 厚回报，尽管行情能延续多久尚难预料。 根据上周二发布的最新年报，BitFuFu去年营收同比增长63%至4.633亿美元，净利润飙升五倍多至5,400万美 元。最主要的利好来自于加密货币在长期低迷后开启牛市行情，推动因素还包括比特币新供应量减半事 件，以及特朗普赢得美国总统大选后已显现出对数字资产有利的政策迹象。而去年末比特币价格首次突破 10万美元大关，加密货币市场狂热情绪也达到了新顶点。 在这样的背景下，BitFuFu利润激增并不令人意外，因为加密货币服务提供商的命运与虚拟资产市场波动紧 密相连。该公司还拥有自营比特币挖矿业务，意味着比特币价格上涨可直接转化为其营收增长。因此， BitFuFu去年比特币挖矿业务收入增长57%至1.575亿美元， ...

Financial Data and Key Metrics Changes - Riot Platforms reported total revenue of $376.7 million for the full year 2024, a 34% increase from $280.7 million in 2023, primarily driven by higher Bitcoin prices [16] - Gross profit for 2024 was $147.6 million compared to $97.6 million in 2023 [16] - Net income for 2024 was $109.4 million or $0.40 per share, compared to a net loss of $49.5 million or $0.28 per share in 2023 [17] - Non-GAAP adjusted EBITDA for 2024 was $463.2 million, up from $214 million in 2023 [16] - Riot ended 2024 holding 17,722 Bitcoin, a 141% increase from 7,362 Bitcoin at the end of 2023 [16] Business Line Data and Key Metrics Changes - Riot increased its self-mining hash rate from 12.4 exahash to 31.5 exahash, representing a 154% increase in 2024 [13] - Bitcoin production in 2024 was 4,828 Bitcoin, a 20.7% decrease from 2023 due to the halving event [14] - The company achieved a nearly 40% Bitcoin yield in 2024, increasing Bitcoin holdings per million fully diluted shares from $31.8 million to $44.3 million [15] Market Data and Key Metrics Changes - The global Bitcoin network hash rate reached an all-time high of over 750 exahash by 2024 [5] - Bitcoin prices hit new all-time highs of $75,000 and then $100,000 during 2024 [7] Company Strategy and Development Direction - Riot's strategy includes retaining all mined Bitcoin to maximize shareholder value and increase Bitcoin yield [25] - The company is pursuing AI high-performance computing (HPC) opportunities, leveraging its power assets to meet the growing demand for energy in AI applications [29] - Riot plans to grow its Bitcoin mining hash rate by approximately 22% in 2025 while aggressively pursuing AI HPC opportunities [11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand for power from hyperscalers and the strategic positioning of their facilities in Corsicana and Rockdale [32] - The company is focused on operational excellence and improving uptime, with expectations for significant growth in shareholder value [39] - Management highlighted the importance of maintaining a strong balance sheet and leveraging their Bitcoin holdings to capitalize on market opportunities [26] Other Important Information - Riot's engineering business generated $38.5 million in revenue in 2024, down from $64.3 million in 2023, primarily due to delays in a large manufacturing contract [23] - The acquisition of E4A Solutions for $52 million is expected to enhance Riot's engineering capabilities and reduce revenue volatility [20] Q&A Session Summary Question: Insights on HPC opportunity and power availability - Management indicated that power availability in 2025 and beyond is valuable, with significant demand for AI HPC expected [42][44] Question: Engagement with hyperscalers and project development - Management confirmed multiple tracks are being pursued simultaneously to maximize value from potential HPC transactions [46] Question: Land capacity for AI HPC developments - Management stated that Corsicana has ample land for expansion and is actively increasing its land portfolio [52] Question: Economic priorities for potential HPC deals - Management emphasized the importance of financing and blue-chip counterparties to maximize shareholder value in HPC projects [54] Question: Interest in Corsicana and Rockdale power capacity - Management noted that there is general interest from hyperscalers in their power assets, but specific requests have not yet been made [86] Question: Operational goals for Bitcoin mining in 2025 - Management aims to increase hash rate by approximately 22% in 2025, focusing on operational excellence [85] Question: Trends in operational expenses - Management acknowledged elevated G&A expenses due to one-time costs and expects to optimize cash SG&A moving forward [75]