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RIOT Jun 2024 7.000 call
| Previous close | 2.7700 |
| Open | 1.5200 |
| Bid | 2.3800 |
| Ask | 2.7800 |
| Strike | 7.00 |
| Expiry date | 2024-06-21 |
| Day's range | 1.5200 - 2.5100 |
| Contract range | N/A |
| Volume | |
| Open interest | 611 |
BenzingaRiot Platforms Targeted by Kerrisdale Capital's Short Sell Report: Details
Riot Platforms, Inc (NASDAQ:RIOT) shares are trading lower after Kerrisdale Capital’s Founder and Chief Investment Officer, Sahm Adrangi, issued a report on the stock. Adrangi expressed a bear view on Riot Platforms, a $3 billion Bitcoin (CRYPTO: BTC) miner that excels more in energy arbitrage and stock issuance than in generating shareholder value through crypto mining. According to the analyst, Bitcoin mining is one of the worst business models for a public company due to unpredictable revenue
GlobeNewswireRiot Announces May 2024 Production and Operations Updates
Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag
- Investing.com
JPMorgan updates Bitcoin miner models and price targets
JPMorgan is updating its bitcoin miner models and price targets to reflect first-quarter 2024 results, increased 2024 hashrate targets, and modest changes in spot bitcoin prices. The bank is taking a less constructive view on a post-halving bitcoin rally, generally leading to lower December 2024 price targets and estimates.
