Search Result for 'Riot Platforms'

Riot Platforms purchased 66,560 Bitcoin mining units from MicroBT for $290.5 million, their largest-ever hash rate purchase. They also secured options for 265,000 additional miners. The initial purchase ...

Riot Platforms is bolstering its Bitcoin mining operations with a $162.9 million investment in 33,280 state-of-the-art miners, significantly boosting its self-mining capacity ahead of the 2024 Bitcoin halving. ...

Riot reveals an overall revenue of $76.7 million in its financial results for the June 30, 2023, quarter. The company has reduced the average cost to mine Bitcoin ...

• Crypto markets dropped despite the debut of spot Bitcoin and Ethereum ETFs in Hong Kong, with Bitcoin trading below $61,000 and Ethereum around $3,000. • The six ...

Bitcoin mining stocks like Riot Platforms, Marathon Digital, and Clean Spark saw significant spikes in their share prices in the 24 hours leading up to the Bitcoin halving ...

Bitcoin has completed its fourth halving event upon reaching its 840,000th block, reducing miner rewards from 6.25 BTC to 3.125 BTC per block. The Bitcoin halving is a ...

JPMorgan highlights potential investment opportunities in mining stocks, noting a 28% market cap drop recently. Bitcoin’s impressive 43% gain this year contrasts with mining stocks' 20% minimum losses. ...

Bitcoin miner stocks have dropped this year due to fears over their post-halving profitability Analyst Mitchell Askew from Blockware Solutions says these fears are unsubstantiated The Bitcoin halving ...

• Bitcoin tumbled over $5,000 in 24 hours as interest rates jumped• Rising Treasury yields and strength in the U.S. dollar contributed to Bitcoin's decline• Bitcoin-related stocks like ...

Bernstein raised their year-end price target for Bitcoin from $60-70K to $90-100K based on a smaller than expected reduction in mining hashrate post-halving. Bernstein now forecasts a 7% ...