RIOT - Riot Platforms, Inc.
The former Bitcoin (CRYPTO:BTC) miners that rebuilt themselves as AI data-center landlords are getting squeezed from two sides Thursday. Bitcoin is sliding again, and long-term borrowing costs keep climbing for a group that funds its buildouts with debt.
BlockchAIn Digital Infrastructure NYSEAMERICAN: AIB outlined its plans to develop a 50-megawatt data center project under a newly executed contract with Nebius, with management saying customer prepayments are expected to cover the company's required equity contribution to the project.
Strategy Inc. lost more than half its value while quietly becoming the world's largest corporate Bitcoin treasury, and one Wall Street analyst thinks that combination sets up a trade most investors are too spooked to touch.
Cipher Digital has 3.3 more gigawatts in its portfolio than Riot Platforms. Although Riot Platforms has higher sales now, Cipher Digital is projected to 7x its net operating income next year.
Riot Platforms, Inc. (RIOT) concluded the recent trading session at $18.54, signifying a -2.06% move from its prior day's close.
Shares of Riot Platforms Inc (NASDAQ:RIOT) are headed for a ninth loss in 10 sessions, last seen down 0.6% at $19.20.
Riot Platforms (RIOT) has pulled back to a moving average with historically bullish implications
Riot Platforms (RIOT) has pulled back to a moving average with historically bullish implications
Riot Platforms shifts from a Bitcoin treasury model to a data center landlord, leveraging 1.7 GW of approved Texas power capacity amid rising AI energy demand. RIOT has secured $9.8 billion in contracted lease revenue through 2048, with major tenants including AMD and an unnamed AI lab, but the bulk of earnings materialize post-2027. The valuation now hinges on contracted NOI and unleased capacity optionality, with Corsicana's 1 GW site representing significant upside if a full-site lease is signed.
In the latest trading session, Riot Platforms, Inc. (RIOT) closed at $19.62, marking a -2.63% move from the previous day.
Crypto ETFs have remained resilient in 2026 despite higher rates and legislative roadblocks. With bitcoin prices back near $85,000, bitcoin ETFs (and the broader crypto ETF universe) have been back on investors' radars.
IREN and Riot take different paths from Bitcoin mining into AI, with cloud services, leases, power capacity and timing shaping their strategies.
In the closing of the recent trading day, Riot Platforms, Inc. (RIOT) stood at $23.01, denoting a -2.02% move from the preceding trading day.
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Riot Platforms, Inc. (RIOT) reached $24.18 at the closing of the latest trading day, reflecting a +1.81% change compared to its last close.
Crypto-linked equities are jumping Monday morning as Bitcoin (CRYPTO:BTC) pushes to fresh multi-month highs, lifting the broader digital-asset market. Here's how the six most-watched crypto stocks are reacting.
RIOT's bull flag breakout strengthens the setup, with a move above $22.87 potentially opening the path toward $27.85.
Bond yields, oil prices, and inflation rhetoric have teamed up to make it tough for investors heading into fall.
For years, bitcoin miners traded like a leveraged bet on the token they produce. That relationship broke down over the past year, according to a recent CoinShares report.
I continued to rate Riot Platforms a Strong Buy with an increased price target of $35, implying 75% upside from the current level. RIOT's 20-year, 191 MW AI lab lease at Rockdale secures $9.1B in contract revenue, driving $365–$411M in annual NOI at 80–90% margins. I retain my 20x FWD EV/EBITDA multiple, despite the sector median sitting closer to 14.2x.