This Bitcoin Mining Stock Just Got a New Street-High Price Target. Should You Buy It Here?
Valued at $6.6 billion, Riot’s vertically integrated approach drives growth in crypto and critical infrastructure. Post the 2024 Bitcoin halving, revenue and hash rates climbed, aided by strategic MicroBT rig deals and the Block Mining acquisition. With U.S.-based sites, efficiency gains, and rising institutional demand, Riot continues to push the frontier of digital assets.Riot Platforms, based in Castle Rock, Colorado, has built a strong presence in Bitcoin mining and digital infrastructure. With operatio ...