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Riot Platforms Inc - RIOT STOCK NEWS

Welcome to our dedicated news page for Riot Platforms (Ticker: RIOT), a resource for investors and traders seeking the latest updates and insights on Riot Platforms.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Riot Platforms's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Riot Platforms's position in the market.

Rhea-AI Summary
Riot Platforms, Inc. announces Bitcoin production and operations updates for September 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
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none
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Rhea-AI Summary
Riot Platforms clarifies power strategy, earned $7 million from ERCOT ancillary services program in August. Sold $24 million of pre-purchased energy to TXU. Actively participates in demand response programs. Employing hundreds of Texans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.78%
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none
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Rhea-AI Summary
Riot Produces 333 Bitcoin While Realizing Expanded Benefits of Power Strategy
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.37%
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none
Rhea-AI Summary
Riot Platforms, Inc. reported $76.7 million in total revenue for Q2 2023, achieving a new all-time record hash rate capacity of 10.7 EH/s. The company executed its power strategy at an unmatched scale, resulting in an average cost to mine of $8,389 per Bitcoin compared to an average Bitcoin price of $28,024. Riot also signed a long-term purchase agreement with MicroBT for 33,280 next-generation miners and an agreement with Midas Immersion to purchase 200 megawatts of immersion cooling systems.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.2%
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earnings
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Rhea-AI Summary
Riot Platforms, Inc. announces unaudited production and operations updates for July 2023. The company produced 410 Bitcoin, generated $6.4 million in power credits, and $1.8 million in demand response credits. Replacement dry coolers for repairing Building G have begun shipping. Riot anticipates achieving a total self-mining hash rate capacity of 12.5 EH/s in the second half of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
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none
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Rhea-AI Summary
Midas Immersion Cooling has entered into a long-term supply agreement with Riot Platforms. The initial purchase includes 200 MW of immersion systems, with the option for an additional 400 MW. This brings the total worldwide deployment of Midas immersion systems to 0.5 GW.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.56%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.33%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.16%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.8%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.54%
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management
Riot Platforms Inc

Nasdaq:RIOT

RIOT Rankings

RIOT Stock Data

3.10B
232.65M
8.24%
41.86%
11.24%
In-Vitro Diagnostic Substance Manufacturing
Manufacturing
Link
United States
Castle Rock

About RIOT

riot blockchain is focused on building, supporting, and operating blockchain technologies. riot blockchain intends to gain exposure to the blockchain ecosystem through targeted investments in the sector, with a primary focus on the bitcoin and ethereum blockchains. the rollout of this strategy has commenced with strategic investments in coinsquare.io, verady.io, and tesspay.io.