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Riot Blockchain, Inc. (RIOT)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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6.50+0.23 (+3.67%)
As of 03:29PM EDT. Market open.
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  • S
    Sean #3
    $HUT conversation
    Thoughts & prayers for the kids and families in Texas.

    I have nothing to complain about, bitcoin could hit $1 today.

    Go $Riot, $MARA, $Hive, $Riot, $BITF
  • g
    geno
    See the positivity on this company.

    (1) A significant percentage of the current assets as of March 31, 2022, totaling $439.7 million, are highly liquid. As at quarter end, the cash balance of the Company stood at $113.6 million and as of April 30, 2022, the Company’s unaudited BTC quantity was 6,320 BTC, all of which were produced by its self-mining operations.

    (2) As of April 30, 2022, the Company had 46,375 miners deployed with an additional 7,240 miners staged for deployment.

    Bottomline,.. with recent plunge in bitcoin, iam sure they will blow up their next quarters with more bitcoin purchase and mining revenue during this time.

    (3) By January 2023, Riot anticipates a total self-mining hash rate capacity of approximately 12.8 EH/s
    is expanding to a second campus in rural Texas, starting a $333 million construction project for a facility to host large-scale Bitcoin computing power.

    (4) Combined with the expansion of Riot Blockchain’s campus northeast of Austin, the company expects to reach 1.7 gigawatts of computing power and hosting capacity in immersion-cooled data centers it is building, “establishing the company among the largest Bitcoin mining operations globally,”

    Donot tell the shorters steal your shares. Above are just FACTS. Tell me one reason why its down at 7s other than reason of market meltdown. All way up from here.
  • A
    ABBA
    Shorts will cover today and tomorrow.
    $9 coming soon
  • T
    Thomas
    They just featured RIOT on this sites morning watchlist. (http://market-engross.club)
  • r
    rsp
    Last time Bitcoin was under $30 was a couple years ago and RIOT was trading much higher than $6. The difference now is the past 3 quarters management has awarded themselves massive amounts of stock based compensation, wiping out any chance at posting positive earnings. We are getting hosed.
  • M
    Maggie
    glad I shorted this thing at 19. Thinking about covering now.
  • g
    geno
    Hold it for 6 months.. atleast. Its down now, but it will move up with market sentiment to go up. Market will not go to zero anyway. And, RIOT is on their plans to become world's largest mining company.

    It will go up when tech go up. It may go up even if tech go down further a bit when people realize to hedge bitcoin in this case.

    No one knows the bottom but this price of 6ish is ridiculously low and way way oversold.
  • e
    evan
    King. Do you realized they raised money at 30 and 14 and have 1 billion in assets and no debt
  • g
    geno
    way oversold due to market sentiment.

    The company has an average price target of $40.0 with a high of $46.00 and a low of $30.00.

    Hold and Hang on for the shorties to get burned. RIOT will be world's number one mining company with its expansion plans.
  • A
    Adam
    Yahoo! has been so bad lately - especially the RIOT board. I like using (http://Themaxgains.tech) now instead for my daily research.
  • l
    l
    At best, bitcoin has turned into a mirror image of stock market, proving it has no value preservation function as once hoped.
  • s
    s
    RIOT WAY OVERSOLD time to load up sooner 100. dollar 💲 per share.
  • g
    geno
    Not pumping but see the reality. No changes in fundamentals - lowest PT is $20 and highest is $40. They are on their track to become World's No 1 Mining company with Texas expansion.
  • g
    geno
    I think it will overtake MARA very soon.. like last year. Especially when they are on the plans of expanding their mining operations and become worlds no 1 by end of this year.
  • H
    Harry
    Block chain is here to stay .. JP Morgan chase ceo
  • g
    geno
    Can we expect any positive announcement by mngt. Price point is very low, so they may initiate buyback. Lets see.
  • m
    muhannad
    I’m down 70% at this point. Can’t see my self recovering any time soon sadly
  • L
    Luckyme
    Bought 5k
  • B
    Brewerton
    New trader watchlist was published by these guys and it featured RIOT. (http://traderspot.club)
  • W
    Wired up
    Mcfly... where are you?