Riot platforms

Riot platforms

Markets

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)

Markets

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)

Finance

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)

Finance

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.

Finance

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

Markets

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

Finance

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)

Policy

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)