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Riot Platforms, Inc. (RIOT)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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8.29+0.32 (+4.02%)
At close: 04:00PM EDT
8.33 +0.04 (+0.48%)
After hours: 07:59PM EDT
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Trade prices are not sourced from all markets
Previous close7.97
Open7.91
Bid8.29 x 100
Ask8.31 x 5700
Day's range7.80 - 8.42
52-week range7.80 - 20.65
Volume17,232,319
Avg. volume23,989,387
Market cap2.102B
Beta (5Y monthly)4.18
PE ratio (TTM)N/A
EPS (TTM)-0.28
Earnings date08 May 2024 - 13 May 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend date12 Oct 2017
1y target est19.88
  • Yahoo Finance Video

    Bitcoin halving could set up cryptocurrency for long-term gains

    Bitcoin's (BTC-USD) halving event is expected to occur over this weekend, either Friday, April 19 or Saturday, April 20. The halving event operates to reduce the number of available bitcoins in circulation once every four years, ultimately controlling inflation within the cryptocurrency. CoinFund Co-Founder and CIO Alex Felix and BitGo Managing Director and Head of the Go Network Matt Ballensweig join Market Domination to discuss bitcoin's long-term price trajectory. Ballensweig considers the halving a "non-event" for the short-term scope of bitcoin, advising traders to "stick to the basics" when managing crypto-adjacent stocks like bitcoin miners. Felix believes bitcoin could ascend to anywhere between $150,000 to $200,000 over the next couple years based on price progressions following past halvings. Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

  • GlobeNewswire

    Riot Energizes New Corsicana Facility in Navarro County, Texas

    Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi

  • Yahoo Finance Video

    Bitcoin halving, crypto mining: Riot Platforms CEO discusses

    Bitcoin (BTC-USD) prices are holding above $63,000 as the cryptocurrency gives up some ground on Monday. The bitcoin halving event is projected to take place this Friday, April 19, which operates to reduce the amount of available bitcoins in circulation once every four years. The bitcoin halving directly impacts the profits of bitcoin miners, including Riot Platforms (RIOT). Riot Platforms CEO Jason Les speaks with Yahoo Finance about Riot's preparations for the halving and the "compelling" upside effects the crypto space is currently experiencing, despite whatever "rough patch of volatility" the halving will bring. "The price appreciation in the first part of this year following the approval of various bitcoin ETFs, I think, has really helped dampen the negative impact of the halving will have on miners because we've already seen some upside. from this," Les says, later adding: "Our value proposition to investors is that through our low cost to power, we are effectively purchasing bitcoin at a discount to its market price. We are getting leverage on bitcoin nd we... expect to have more outsized returns when the bitcoin price appreciates." Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Luke Carberry Mogan.