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Riot Platforms, Inc. - Common Stock (RIOT)

11.88
-0.02 (-0.17%)

Riot Platforms Inc. is a technology company that focuses on cryptocurrency mining, specializing in Bitcoin

The company operates large-scale mining facilities that utilize advanced hardware to generate and validate cryptocurrency transactions on blockchain networks. Riot Platforms is committed to expanding its mining capabilities while emphasizing sustainable energy practices and efficiency in its operations. Additionally, the company explores opportunities in the broader blockchain ecosystem, positioning itself to capitalize on the evolving landscape of digital currencies and related technologies.

SummaryNewsPress ReleasesChartHistoricalFAQ
Experts Concerned About Conflicts of Interest as Melania Trump Unveils Meme Coin
Melania Trump has launched her own meme coin, mirroring her husband Donald Trump’s actions. This move has sparked discussions about potential conflicts of interest, especially as the incoming administration prepares to relax regulations surrounding digital assets.
Via CryptoCurrencyWire · January 23, 2025
Growing Trend of Companies Allocating Portions of Their Treasuries to Bitcoin Mounting as Cryptocurrency Adoption Rises
PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The usage of cryptocurrencies and their sources of mining are both growing exponentially around the globe and are projected to continue in the coming years. According to a report from ResearchAndMarkets, describing the growing crypto outlook said: “The cryptocurrency market is forecasted to grow by USD 39.74 billion during 2024-2029, accelerating at a CAGR of 16.7% during the forecast period.” Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is acceptance of cryptocurrency by retailers. One of the major drivers for this market is the rising investment in digital assets.” Another report from Precedence Research that focused on mining said: “The global cryptocurrency mining market size is calculated at USD 2.45 billion in 2024, grew to USD 2.77 billion in 2025 and is predicted to surpass around USD 8.24 billion by 2034, expanding at a CAGR of 12.90% between 2024 and 2034. Bitcoin and numerous other cryptocurrencies service the mining progression to produce a new exchange and validate fresh transactions. Bitcoin operates on a distributed network or decentralized computer network that keeps track of cryptocurrency. New bitcoins are generated or mined when machines on the system authenticate and process the transaction. The transaction is processed by these computer networks, or miners, in return for a Bitcoin reward.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), MicroStrategy® Incorporated NASDAQ: MSTRNASDAQMSTR)(NASDAQ: RUMNASDAQRUM, MARA Holdings, Inc. (NASDAQ: MARANASDAQ), Riot Platforms, Inc. (NASDAQ: RIOTRIOT).
By FN Media Group LLC · Via GlobeNewswire · January 21, 2025
Growing Trend of Companies Allocating Portions of Their Treasuries to Bitcoin Mounting as Cryptocurrency Adoption Rises
EQNX::TICKER_START (NYSEKULR),NASDAQ:MSTRNASDAQMSTR)(NASDAQ:RUMNASDAQRUM,(NASDAQ:MARANASDAQ),(NASDAQ:RIOTRIOT) EQNX::TICKER_END
Via FinancialNewsMedia · January 21, 2025
Riot Platforms Launches Formal Evaluation of Potential AI/HPC Uses for Remaining 600 MW of Power Capacity at Corsicana Facility
Riot Platforms, Inc. (NASDAQRIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, today provided an update on strategic actions it is taking to maximize the value of its unique asset in Navarro County, Texas (the “Corsicana Facility”).
By Riot Platforms, Inc. · Via Business Wire · January 21, 2025
India Calls for the Creation of Global Crypto Regulations
The Indian government recently revealed to the Lok Sabha (lower house of Parliament) that there is no set timeline for introducing comprehensive regulatory guidelines for digital assets. The statement follows questions from two Members of Parliament regarding the actions to establish a structured framework for regulating these assets and an expected timeline for implementing such policies.
Via CryptoCurrencyWire · December 20, 2024
Gary Gensler’s Rocky Relationship with the Crypto Industry, What Could Happen Next
Gary Gensler’s tenure as the Securities and Exchange Commission’s (SEC) chair is drawing to a turbulent and unexpected close. His time was marked by numerous battles with the cryptocurrency industry as the SEC pursued a flurry of enforcement actions and lawsuits against U.S.-based companies.
Via CryptoCurrencyWire · November 26, 2024
UAE Crypto Exchange Says It Recovered $13.7m in Just 16 Minutes After a Security Breach
M2 Exchange, a crypto exchange based in the United Arab Emirates, recently underwent a security breach involving $13.7 million . The exchange reported that it had acted promptly to resolve the issue, ensuring customer funds were restored and normal operations resumed with heightened security measures implemented.
Via CryptoCurrencyWire · November 5, 2024
Riot Platforms is Positioned for Growth Despite Industry Volatility
Amidst the ups and downs of the cryptocurrency world, Riot Platforms Inc. (NASDAQRIOT) is quickly carving out a significant place for itself in Bitcoin mining. As the largest Bitcoin mining company in North America, Riot is making strategic moves to expand its operations, and many are hopeful for what lies ahead. Even though the crypto market is facing uncertainty, the mining company appears well-prepared for growth.
Via Investor Brand Network · October 31, 2024
Riot Platforms is Positioned for Growth Despite Industry Volatility
Amidst the ups and downs of the cryptocurrency world, Riot Platforms Inc. (NASDAQRIOT) is quickly carving out a significant place for itself in Bitcoin mining. As the largest Bitcoin mining company in North America, Riot is making strategic moves to expand its operations, and many are hopeful for what lies ahead. Even though the crypto market is facing uncertainty, the mining company appears well-prepared for growth.
Via CryptoCurrencyWire · October 31, 2024
Bitfarms, Riot Platforms Reach Settlement Over Takeover Conflict
After months of the takeover conflict, Bitfarms and Riot Platforms Inc. (NASDAQRIOT) have finally reached an agreement that promises a new chapter for both of them. The saga began earlier this year when Riot Platforms made an unsolicited move to acquire Bitfarms.
Via Investor Brand Network · September 30, 2024
Are Crypto Stocks Still Worth Watching as Bitcoin Consolidates?
Crypto stocks, such as MARA and RIOT, surged alongside Bitcoin’s previous highs but have since lost momentum as Bitcoin consolidates near key levels.
Via MarketBeat · September 26, 2024
Federal Rate Cut Causes Crypto Stocks to Rally on US Exchanges
On Thursday, U.S.-listed cryptocurrency stocks saw a notable rise, driven by a half-percentage point interest rate decrease that encouraged investors to take on more risk. This move added to the industry’s positive momentum, which has already experienced some significant victories this year.
Via CryptoCurrencyWire · September 25, 2024
Riot Platforms, Inc. Early Warning Report Press Release Regarding Settlement Agreement With Bitfarms Ltd.
Riot Platforms, Inc. (NASDAQRIOT) (“Riot”) issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms” or the “Company”).
By Riot Platforms, Inc. · Via Business Wire · September 23, 2024
Bitfarms and Riot Announce Settlement
- Andrés Finkielsztain Steps Down from Board - - Bitfarms Appoints Amy Freedman to Board of Directors - - Board to Nominate an Independent Director for Election at Special Meeting - - Standstill Agreement Through 2026 Annual Meeting -
By Bitfarms Ltd.; Riot Platforms Inc. · Via GlobeNewswire · September 23, 2024
Report Shows Russia Plan to Begin Crypto Payment Pilot Project
Russia is preparing to initiate trials for crypto exchanges and the use of digital tokens in cross-border payments, with the trials scheduled to begin on Sept. 1, 2024, according to Bloomberg . The trials are intended to help Russian businesses overcome payment challenges caused by international sanctions.
Via CryptoCurrencyWire · September 4, 2024
Riot Issues Open Letter to Fellow Bitfarms Shareholders Ahead of Upcoming Special Meeting
Riot Platforms, Inc. (NASDAQRIOT) (“Riot”) today issued an open letter to Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms” or the “Company”) shareholders. The full text of the letter is below:
By Riot Platforms, Inc. · Via Business Wire · September 3, 2024
Riot Platforms Now Owns 18.9% Stake in Bitfarms
Riot Platforms Inc. (NASDAQRIOT), in a recent press release, announced that on Aug. 13, 2024, it purchased 1,000,000 shares of Bitfarms. This means it is now the owner of 18.9% (85,293,054 common shares) of Bitfarms’ common shares, up from 18.68% (84,293,054 common shares). The acquisition was made through the NASDAQ Stock Market, with Riot acquiring the shares at an average price of $2.28 per share, amounting to a total investment of $2,280,800.
Via Investor Brand Network · August 23, 2024
3 Affordable Stocks Under $10 Ready to Rebound Soon
Three affordable stocks came to shine after the S&P 500's flash crash and recovery, fundamental tailwinds could help them fulfill double-digit upside
Via MarketBeat · August 19, 2024
Hut 8 Corp.’s Earnings: Is Crypto Mining About to Change?
Hut 8 Corp. reports second-quarter results, revealing a challenging but promising outlook for the cryptocurrency mining industry.
Via MarketBeat · August 14, 2024
Riot Platforms, Inc. Reports Beneficial Ownership of 18.9% in Bitfarms Ltd.
Riot Platforms, Inc. (“Riot”) issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (“Bitfarms” or the “Company”).
By Riot Platforms, Inc. · Via Business Wire · August 13, 2024
Why BTC, the Crypto Market Is Experiencing a Major Crash
Bitcoin suffered one of its most significant declines this week, dropping nearly 20% in value and hitting its lowest point in half a year. Other major cryptocurrencies faced even steeper losses, with most of them decreasing by more than 20% since Sunday. Collectively, these losses have wiped out more than $300 billion from the cryptocurrency market, sparking investor concerns that the bull market might be ending.
Via CryptoCurrencyWire · August 12, 2024
Riot Platforms, Inc. Reports Beneficial Ownership of 16.9% in Bitfarms Ltd.
Riot Platforms, Inc. (“Riot”) issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (“Bitfarms” or the “Company”).
By Riot Platforms, Inc. · Via Business Wire · August 2, 2024
After Recent Price Correction, Could Riot Platforms Now Be a Good Buy?
If you have been watching Riot Platforms (NASDAQRIOT) the past few days, you’ve probably noticed wild price swings. After experiencing this notable stock price correction, the biggest question on everyone’s mind is, is the Bitcoin mining company a hidden gem waiting to be scooped up?
Via Investor Brand Network · July 29, 2024
Is Crypto Cool Again? What Stocks You Should Be Watching
As markets take on a new risk-on mentality, Bitcoin might be nearing a new all-time high. Three stocks stand out for Wall Street analysts for upside potential.
Via MarketBeat · July 28, 2024
Riot Announces that Ontario Capital Markets Tribunal Has Terminated Bitfarms’ Poison Pill
Riot Platforms, Inc. (NASDAQRIOT) (“Riot”) today announced that it was successful in its application to the Ontario Capital Markets Tribunal (the “Tribunal”) to cease trade the June 10, 2024 shareholder rights plan (the “Poison Pill”) implemented by the Board of Directors of Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms”) (the “Bitfarms Board”). The cease trade order terminates Bitfarms’ Poison Pill – which contemplated a 15% trigger – effective immediately.
By Riot Platforms, Inc. · Via Business Wire · July 24, 2024