Riot Platforms, Inc. Stock (RIOT)
Riot Platforms, Inc. (RIOT) trades at $19.70, -5.97% today. Market cap is $7.45B, P/E is -5.4, dividend yield is 0.00%, and the current technical signal is neutral. Analyst average target is $31.64.
Market View
Full AI analysisRiot Platforms, Inc. is trading with a more cautious setup today. Price action and technical indicators point to a market that needs confirmation before the trend improves.
About Riot Platforms, Inc.
| Scenario | 30-day target | Probability | Key catalyst |
|---|---|---|---|
| Bull | $30.32 | 33% | Break above 30.32 |
| Base | $19.70 | 44% | Price holds inside the current range |
| Bear | $17.39 | 23% | Break below 17.39 |
Riot Platforms filings, earnings & press updates
Riot Blockchain: 108 New Bitcoins Mined and 1000 New Antminer S19 Pros To Be Deployed
The company announced that it had successfully produced 108 new Bitcoin tokens between the dates of March 31, 2020 and April 30, 2020: which constituted an increase of 13% to the company’s total BTC inventory. This was achieved using Riot’s fleet of 4000 Bitmain S17 mining rigs, which the company claims have a “combined hashing power capacity of 248 Petahash per second (“PH/s”).
Riot Blockchain: 108 New Bitcoins Mined and 1000 New Antminer S19 Pros To Be Deployed
The company announced that it had successfully produced 108 new Bitcoin tokens between the dates of March 31, 2020 and April 30, 2020: which constituted an increase of 13% to the company’s total BTC inventory. This was achieved using Riot’s fleet of 4000 Bitmain S17 mining rigs, which the company claims have a “combined hashing power capacity of 248 Petahash per second (“PH/s”).
Company updates are pulled from InteractiveCrypto news coverage and linked to the stock ticker when relevant.