RIOT
Riot Platforms (RIOT)
NASDAQ
$27.09-$0.23 (-0.84%)
Price as of Jun 03, 2026 7:34 PM EDT
  • $10.3B
    Market Cap
  • 202.55%
    1-Year Change
  • Capital Markets
    Industry

Key Performance

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  • Earnings Score: 26
  • Momentum Score: 97
  • True Yield: N/A
  • Financial Health Score: 32
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Latest Research & News

Stock Market Today, June 1: HIVE Digital Rises Ahead of Results as Analyst Backs AI Data Center Push

HIVE Digital Technologies stock rose 5.31% to $4.76 on June 1st following analyst price target increases and ahead of upcoming earnings. Cantor Fitzgerald raised its price target to $4.60 from $3.00, citing the company's renewable-powered Bitcoin mining operations and expansion plans into AI and high-performance computing data centers. The upcoming earnings call will provide details on mining profitability, power capacity, and progress on AI/HPC initiatives.

06/01/2026, 6:08 PM • The Motley Fool

Stock Market Today, May 11: Iren Falls After $2 Billion Convertible Notes Offering Pressures Shares

Iren shares fell 9.89% to $55.15 after announcing a $2 billion convertible notes offering, which sparked concerns about shareholder dilution. The decline comes despite last week's positive Nvidia partnership announcement, as investors also weighed a recent earnings miss and the company's transition from Bitcoin mining to AI cloud services.

05/11/2026, 5:07 PM • The Motley Fool

Stock Market Today, May 5: Cipher Digital Surges on AI Data Center Shift Backed by Hyperscale Leases

Cipher Mining (CIFR) surged 23.53% on May 5, 2026, despite weak Q1 results, driven by a strategic pivot toward AI and high-performance computing data centers. The company secured a new $200 million credit facility and announced approximately $11.4 billion in contracted revenue, signaling a shift from bitcoin mining to data center infrastructure.

05/05/2026, 5:19 PM • The Motley Fool

Stock Market Today, April 23: Iren Jumps on Ongoing Data Center Pivot

Iren (IREN) surged 7.50% to $52.02 on April 23, 2026, driven by positive coverage of its pivot from Bitcoin mining to AI data center operations. The company, which has grown 86% since its 2021 IPO and soared over 750% in the past year, is planning a potential $6 billion share issuance to fund its AI infrastructure expansion. However, investors remain concerned about share dilution and seek clarity on revenue projections ahead of Q3 earnings on May 7.

04/23/2026, 5:14 PM • The Motley Fool

Stock Market Today, April 15: TeraWulf Shares Fall After $900 Million Stock Sale Heightens Concerns

TeraWulf shares fell 6.21% after the company priced a $900 million stock sale at $19 per share, down from the previous close of $20.95, raising investor concerns about dilution. The AI data center operator plans to use the capital for expanding its data center network. The broader market reached record highs with the S&P 500 up 0.80% and Nasdaq up 1.59%.

04/15/2026, 5:06 PM • The Motley Fool

Stock Market Today, March 31: Bitmine Immersion Technologies Jumps on Crypto Recovery Hopes

Bitmine Immersion Technologies surged 8.06% on March 31, 2026, following its recent Ethereum staking platform launch and broader cryptocurrency market gains. The stock has declined 27% year-to-date despite today's gains, with performance heavily tied to Ethereum prices. B. Riley maintained a 'buy' rating with a $33 price target, citing the staking platform as a key growth driver. Bitmine now holds nearly 4% of all Ethereum in circulation.

03/31/2026, 6:12 PM • The Motley Fool

Stock Market Today, March 30: IREN Falls on Funding Risks for AI Data Centers

Iren (IREN) stock fell 9.89% to $31.62 on March 30, 2026, amid concerns about funding risks for its AI data center expansion and weaker Bitcoin prices. The company's aggressive GPU buildout strategy raises questions about dilution, profitability timeline, and capital requirements. Peer companies Riot Platforms and Mara Holdings also declined, reflecting broader pressure on the data center and Bitcoin mining sector.

03/30/2026, 6:08 PM • The Motley Fool

Strategy Stock Plunges 60% in a Year: Why the Dip Signals a Buying Chance

MicroStrategy (MSTR) shares have declined 59.7% over the past year, significantly underperforming the finance sector. Despite weak technical indicators and concerns about its leveraged model and equity dilution, the article argues the stock presents a buying opportunity given its massive Bitcoin treasury of 717,131 BTC (3.4% of all BTC), conservative leverage, and demonstrated ability to grow Bitcoin per share. The company raised $25.3 billion in 2025 and maintains strong balance sheet durability with 67 years of dividend coverage.

02/26/2026, 2:18 AM • Investing

Riot Announces Fourth Quarter and Year-End 2025 Earnings Conference Call

Riot Platforms (NASDAQ: RIOT) announced its fourth quarter and year-end 2025 earnings conference call scheduled for Monday, March 2, 2026, at 4:30 P.M. EST. The company, a Bitcoin mining and data center development leader, will discuss its operations across facilities in Texas and Kentucky, along with its expansion into data center development.

02/20/2026, 9:00 AM • GlobeNewswire

Does Riot Platforms' 5.3% Gain This Past Week Signal a Recovery Is Underway?

Riot Platforms gained 5.3% this past week, driven by two key developments: a land purchase and lease agreement with AMD for approximately 200 acres in Texas to support high-performance computing needs, and the announcement of Q4 earnings release on February 24. The stock's performance reflects investor optimism about the company's transition from Bitcoin mining to data center and AI infrastructure, though the upcoming earnings report will be crucial in determining whether this shift translates to improved fundamentals.

02/15/2026, 3:16 PM • The Motley Fool

Stock Market Today, Feb. 9: TeraWulf Jumps After Morgan Stanley Initiates Coverage With Bullish AI View

TeraWulf surged 16.4% after Morgan Stanley initiated coverage with an Overweight rating and $37 price target, highlighting the company's potential as an AI-focused data center operator rather than just a bitcoin miner. The analyst call emphasized TeraWulf's ability to redirect energy capacity from crypto mining to AI infrastructure, setting it apart from peers. Trading volume reached 64.4 million shares, nearly double the three-month average.

02/09/2026, 6:30 PM • The Motley Fool

Riot Platforms Draws New $17.9 Million Bet as Revenue Hits $180 Million

Broad Peak Investment Advisers acquired 1.41 million shares of Riot Platforms worth $17.86 million, representing 3.2% of the fund's AUM. The investment reflects confidence in Riot's diversified business model spanning Bitcoin mining and power infrastructure. Riot reported record Q3 revenue of $180.2 million with net income of $104.5 million, holding $330 million in cash and 19,300 bitcoin on its balance sheet.

01/29/2026, 7:13 AM • The Motley Fool

Riot Platforms: A $311M AMD Deal Changes the HPC Game

Riot Platforms announced a major $311M lease agreement with AMD for its Rockdale, Texas facility, marking a strategic pivot from cryptocurrency mining to high-performance computing (HPC) infrastructure. The deal includes 25 MW of initial capacity with options to scale to 200 MW over a 10-year term. Riot's acquisition of the underlying 200-acre land for $96M enables permanent data center development. This shift introduces revenue stability through fixed-income contracts, with analyst price targets raised to $30-$31, reflecting the scarcity value of accessible power capacity in the AI data center market.

01/21/2026, 12:22 PM • Investing

SPEAKER ALERT: TDC Announces Additional Speakers for DC Blockchain Summit 2026

The Digital Chamber announced additional speakers for its annual DC Blockchain Summit scheduled for March 17-18, 2026 in Washington, DC. The event will feature prominent lawmakers, regulatory officials, and blockchain industry leaders. The 2025 summit attracted over 1,100 attendees from 600+ companies, with nearly 25% being lawmakers or policy influencers.

01/13/2026, 10:55 AM • GlobeNewswire

Riot Platforms Announces Chief Financial Officer Transition

Riot Platforms announced the appointment of Jason Chung as Chief Financial Officer effective March 1, 2026, succeeding Colin Yee who will transition to a Senior Advisor role. Chung, currently EVP of Corporate Development & Strategy with two decades of investment banking experience, will consolidate finance and strategy functions to align capital allocation with the company's long-term growth objectives in digital infrastructure and Bitcoin mining.

01/02/2026, 5:20 PM • GlobeNewswire

Peers

Statistics

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Day Range
$26.96
$28.94
$27.32
1-Year Range
$8.99
$28.25
$27.32
Latest Close$27.32
Change
-$0.93 (-3.40%)
Volume17,871,210
Market Cap$10.3B
Shares Outstanding378.2M
P/E (TTM)-10.79
Diluted EPS (TTM)-$2.51
Enterprise Value$10.9B

Information as of 06/02/2026

Company Profile

$10.3B
Market Cap
-$867.5M
Net Income
Sector: Financial Services
Industry: Capital Markets
3855 Ambrosia Street, Castle Rock, CO, United States, 80109
303 794 2000

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.

Key Executives

  • Jason Les
  • Soo Li Yi
  • William R. Jackman
  • Jason Chung
  • Stephen Howell

Current Ownership Distribution

  • Institutions2.5B (75.80%)
  • Mutual Funds757.4M (23.16%)
  • Insiders34.2M (1.05%)
  • Other0 (0.00%)