Riot platforms

Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI?
Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI?

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Last updated 3 mins ago

Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge
Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge

Bitcoin (BTC) mining firm Riot Platforms (RIOT) said its second-quarter loss trebled from the year before as general running costs climbed 48%.

Last updated 3 mins ago

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says
Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

Riot Platform’s (RIOT) acquisition of rival bitcoin {{BTC}} miner Block Mining makes sense because it diversifies the company’s power supply and increases its capacity to over 2 gigawatts (GW), JP...

Last updated 3 mins ago

Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board

Bitcoin miner Riot Platforms (RIOT) dropped its proposal to buy peer Bitfarms (BITF) and is looking to overhaul the board before engaging in further takeover attempts.

Last updated 3 mins ago

Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale
Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale

Bitcoin miner Riot Platforms (RIOT) underperformed peers on Wednesday after prominent short-seller Kerrisdale Capital said it's short RIOT stock and long bitcoin (BTC).

Last updated 3 mins ago

Bitfarms Says Riot Bid ‘Significantly Undervalues’ Crypto Miner, Is Exploring Options
Bitfarms Says Riot Bid ‘Significantly Undervalues’ Crypto Miner, Is Exploring Options

Crypto miner Bitfarms' (BITF) rejected rival Riot Platforms' (RIOT) takeover bid, saying it "significantly undervalues" the Canadian company.

Last updated 3 mins ago

Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share
Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

Riot Platforms (RIOT) has sought to acquire fellow bitcoin miner Bitfarms (BITF), having acquired a 9.25% in the company to become its large shareholder.

Last updated 3 mins ago