Riot Blockchain News

Riot’s shares surged by more than 20% fueled by optimistic evaluations from analysts who foresee substantial growth in the company’s financial performance. Anticipation surrounding Riot‘s financial performance, particularly in the wake of recent analyst predictions, has fueled significant investor interest.…

Bitcoin mining companies are facing a notable decrease in stock value in anticipation of the upcoming halving.

Bitcoin mining giants, including RIOT Platforms and Marathon Digital, experience a production decline in 2024, while CleanSpark stands out with growth. As Bitcoin‘s fourth halving approaches, Bitcoin mining giants are grappling with a decline in production as the market faces…

The recent surge in Bitcoin has significantly impacted the performance of companies associated with crypto mining and trading, most seeing double-digit gains in a month. 

Riot Platforms has acquired 31,500 Bitcoin mining machines, and CleanSpark has completed the acquisition of three new facilities.

Riot and the Texas Blockchain Council successfully convinced a U.S. district judge that immediate harm would occur without a temporary restraining order to halt further data collection.

Riot Platforms, a Bitcoin mining company, reported a 19% increase in Bitcoin production for 2023, mining a total of 6,626 BTC.

Marathon Digital, Riot Blockchain, and other public Bitcoin mining companies witnessed positive returns on Monday as Wall Street reached new milestones. The top five largest Bitcoin mining firms by market capitalization saw gains ranging from 2.98% to 6.25% on Monday…

According to an analysis by MinerMetrics, Marathon Digital and Riot Platforms are rated as some of the most overvalued entities in crypto mining. MinerMetrics founder and analyst Jaran Mellerud based his assertion on the enterprise value-to-sales (EV/S) ratio, a benchmark…

Texas Bitcoin miners have cut back 90% of their operations during the energy crisis after the state offered $31.7 million in energy credits.  Amid an escalating power crisis driven by extreme weather conditions, Texas has turned to an unlikely ally…

Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million. The results highlight the company’s resilience in a fluctuating market, with a 27% increase in Bitcoin production contributing significantly to its success.…

Top publicly traded firms reveal their Bitcoin (BTC) portfolios. MicroStrategy leads the list, showcasing the fusion of traditional finance and digital assets. Crypto analytics website CoinGecko has analyzed the top 10 publicly traded companies with the largest Bitcoin portfolios. The…

Vanguard Group is buying more stocks from leading bitcoin mining companies per recent filings with the SEC

Riot Platforms, a major bitcoin mining company, has invested $162.9 million to acquire 33,280 advanced Bitcoin miners for its Texas data center in anticipation of the 2024 halving event. To prepare for the upcoming halving cycle projected for mid-2024, Riot…

Rising bitcoin output and a full year of Data Center Hosting and engineering revenues pushed Riot's overall revenue in 2022 up to $259.2 million from $213.2 million the previous year.

Riot Platforms, a bitcoin (BTC) only mining firm in the United States, has responded to the White House Office of Science and Technology Policy's (OSTP) request for information (RFI) on bitcoin.