RIOT: Riot Platforms, Inc.
About
Riot Platforms, Inc. is a bitcoin mining company engaged in the provision of special cryptocurrency mining computers. It invests in Verady, Coinsquare, and Tess. The firm operates through following segments: Bitcoin Mining, Data Center Hosting, and Engineering. The company was founded on July 24, 2000 and is headquartered in Castle Rock, CO.
Key Details
Market Cap
$3.91B
P/E Ratio
40.27
1Y Stock Return
1.38%
1Y Revenue Growth
19.43%
Dividend Yield
0.00%
Price to Book
1.4
Strategies that include RIOT
Stock's related to RIOT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CLSK | 85.21% | $3.35B | +166.77% | 0.00% |
| MARA | 84.91% | $7.78B | +121.43% | 0.00% |
| COIN | 76.72% | $73.91B | +170.23% | 0.00% |
| BTBT | 73.00% | $589.69M | +76.55% | 0.00% |
| HUT | 72.37% | $2.20B | +143.32% | 0.00% |
| IREN | 67.01% | $1.83B | +207.59% | 0.00% |
| GREE | 66.21% | $23.65M | -56.73% | 0.00% |
| MSTR | 60.85% | $80.51B | +682.23% | 0.00% |
| HOOD | 57.87% | $31.02B | +326.89% | 0.00% |
| AX | 50.68% | $4.69B | +110.73% | 0.00% |
| BANF | 49.73% | $4.07B | +42.98% | 1.41% |
| RXRX | 48.67% | $1.65B | -15.19% | 0.00% |
| TRC | 48.45% | $419.24M | -5.16% | 0.00% |
| SOFI | 47.98% | $16.29B | +117.54% | 0.00% |
| FUN | 47.91% | $4.54B | -17.47% | 0.00% |
| PRK | 47.88% | $3.13B | +73.42% | 2.16% |
| VBTX | 47.23% | $1.60B | +52.65% | 2.71% |
| CHCO | 47.19% | $1.91B | +33.39% | 2.24% |
| FFBC | 46.94% | $2.80B | +43.92% | 3.16% |
| EBC | 46.94% | $3.98B | +53.01% | 2.37% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HIHO | <0.01% | $8.50M | -1.53% | 6.22% |
| AJG | 0.04% | $66.36B | +20.50% | 0.77% |
| NLOP | -0.09% | $459.67M | +97.90% | 0.00% |
| MNST | 0.11% | $52.50B | -2.25% | 0.00% |
| PEP | 0.15% | $219.98B | -5.25% | 3.26% |
| WEC | -0.16% | $31.94B | +23.91% | 3.31% |
| TEM | 0.23% | $8.26B | 0.00% | 0.00% |
| NHTC | -0.25% | $64.47M | +3.99% | 13.82% |
| SOHU | 0.31% | $402.20M | +46.27% | 0.00% |
| WLKP | -0.31% | $812.95M | +5.39% | 8.16% |
| QTTB | 0.32% | $329.37M | +172.64% | 0.00% |
| XOS | -0.33% | $32.60M | -58.61% | 0.00% |
| SCWX | 0.34% | $743.12M | +39.33% | 0.00% |
| CMBT | -0.38% | $2.30B | -34.21% | 13.81% |
| MSB | 0.42% | $348.20M | +33.17% | 5.10% |
| APRE | -0.44% | $15.89M | -20.58% | 0.00% |
| VZ | -0.45% | $178.91B | +13.79% | 6.27% |
| CASI | 0.51% | $70.36M | -6.25% | 0.00% |
| MNR | 0.52% | $1.70B | -6.89% | 15.55% |
| OCX | 0.56% | $44.95M | -32.75% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -16.92% | $79.75B | +37.34% | 0.41% |
| COR | -15.50% | $48.41B | +23.04% | 0.84% |
| HUSA | -11.73% | $18.58M | -19.77% | 0.00% |
| PULM | -10.61% | $22.32M | +230.27% | 0.00% |
| HSY | -10.52% | $35.40B | -8.69% | 3.12% |
| CAH | -8.96% | $29.87B | +16.57% | 1.63% |
| CPB | -8.83% | $13.23B | +8.54% | 3.29% |
| CYD | -8.04% | $384.48M | -0.79% | 4.00% |
| MNOV | -7.92% | $98.09M | +5.26% | 0.00% |
| TPST | -7.90% | $39.00M | -78.67% | 0.00% |
| ORLY | -7.84% | $69.55B | +21.51% | 0.00% |
| CHD | -7.61% | $27.50B | +19.29% | 1.01% |
| STG | -7.17% | $35.47M | +5.43% | 0.00% |
| PGR | -7.01% | $154.33B | +62.01% | 0.44% |
| CBOE | -6.12% | $22.09B | +17.17% | 1.08% |
| PHG | -6.09% | $24.64B | +28.81% | 0.00% |
| LTM | -5.96% | $8.37B | -100.00% | <0.01% |
| NEUE | -5.74% | $41.96M | -33.09% | 0.00% |
| LMT | -5.41% | $128.48B | +20.34% | 2.32% |
| RNR | -5.19% | $13.75B | +22.34% | 0.58% |
ETF's related to RIOT
News
Yahoo
Investors have long used shares in bitcoin miners to gain exposure to the digital currency, but there are better options available now.
Yahoo
As Big Tech companies look for power sources for their artificial intelligence (AI) data centers, they turn to crypto miners. Both crypto and AI are power-intensive, demanding a significant amount of energy. Yahoo Finance's Akiko Fujita breaks down why bitcoin (BTC-USD) miners, like Hut 8 Mining (HUT), Hive Blockchain (HIVE), Bit Digital (BTBT), and Riot (RIOT), are selling existing power to AI hyperscalers. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.
SeekingAlpha
Riot Platforms' rising mining costs is concerning, especially with an increase in the average cost per Bitcoin mined. Read why I rate RIOT stock a Sell.
SeekingAlpha
MicroStrategy's market cap is significantly overvalued compared to its bitcoin holdings, with a premium near 3x. Learn more about MSTR stock here.
Yahoo
Riot Platforms ( NASDAQ:RIOT ) Third Quarter 2024 Results Key Financial Results Revenue: US$84.8m (up 63% from 3Q...
SeekingAlpha
Riot Platforms reported top line revenue of $84.8 million, up 63% YoverY. Riot's energy curtailment strategy lacks consistency. Read more on RIOT stock here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.