RI

Riot Platforms IncNASDAQ RIOT Stock Report

Last reporting period 30 Sep, 2024

Updated 14 Nov, 2024

Last price

Market cap $B

2.286

Small

Exchange

XNAS - Nasdaq

RIOT Stock Analysis

RI

Uncovered

Riot Platforms Inc is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

-1/100

Low score

Market cap $B

2.286

Dividend yield

12.14 %

Shares outstanding

166.98 B

Riot Platforms, Inc. is a bitcoin mining company. The Company is focused on supporting the bitcoin blockchain through large-scale mining in the United States. The Company has bitcoin mining data center operations in central Texas, bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. Whinstone U.S. is a wholly owned subsidiary of the Company and consists of the bitcoin mining and hosting facility in North America, as measured by its 750 megawatts (MW) in developed capacity. The Company is also engaged in initiating a large-scale one-gigawatt (GW) development to expand its bitcoin mining and hosting capabilities (the expansion) in Navarro County, Texas. The Expansion is engaged in the development of an initial 400 megawatts of capacity on a 265-acre site, with immersion-cooled mining.

View Section: Eyestock Rating