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RIOT Jun 2024 20.000 put
- Benzinga
Riot Platforms Targeted by Kerrisdale Capital's Short Sell Report: Details (UPDATED)
Editor’s Note: We have updated the story with Riot Platform’s response to the Short Sell report. 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, Bit
- GlobeNewswire
Riot 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.
