Riot platforms

Riot platforms

Mercati

Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI?

Investors rewarded mining companies that've diversified into AI and high-performance computing.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Finanza

Bitcoin Miner Riot Platforms' Second-Quarter Loss Widens to $84.4M as Costs Surge

The company's loss per share doubled to $0.32.

A photo of four mining rigs

Mercati

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

Riot will have the second-largest capacity among U.S. listed bitcoin miners following the purchase, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Finanza

Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board

Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.

(Arisa Chattasa, Unsplash)

Mercati

Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale

The firm has previously targeted MicroStrategy.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finanza

Bitfarms Says Riot Bid 'Significantly Undervalues' Crypto Miner, Is Exploring Options

Bitfarms said it had received additional expressions of interests from other parties.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Finanza

Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

Riot privately offered its proposal last month, with Bitfarms rejecting it.

A photo of four mining rigs

Mercati

Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan

Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.

A photo of four mining rigs

Finanza

Bitcoin Year-End Price Target Raised to $90K at Bernstein

The broker expects a 7% reduction in hashrate post-halving from shutdowns versus 15% earlier, the report said.

(Hans Eiskonen/Unsplash)

Politiche

Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over 'Emergency' Survey

If the court does not intervene, the companies will be "immediately and irreparably harmed," the filing said.

(Enrique Macias/Unsplash)