Riot platforms

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 Miner Riot Platforms' Second-Quarter Loss Widens to $84.4M as Costs Surge
The company's loss per share doubled to $0.32.

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.

Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.

Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale
The firm has previously targeted MicroStrategy.

Bitfarms Says Riot Bid 'Significantly Undervalues' Crypto Miner, Is Exploring Options
Bitfarms said it had received additional expressions of interests from other parties.

Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share
Riot privately offered its proposal last month, with Bitfarms rejecting it.

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.

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.

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.

