Tag Archives: riot platforms

Riot Platforms is one of the leading cryptocurrency mining companies with a steady stream of income. A Well-Grounded Company The company’s strength lies in the sheer scale of operations, which allows it to drive down the cost of mining Bitcoin by virtue of its immense processing power. Although it faced a significant downturn during crypto winter – much like any other platform in its situation – the company faced no real difficulties in staying afloat, even securing an...

Riot Platforms’ recent acquisition of Bitcoin miners from MicroBT holds significant importance in the context of the upcoming halving event in 2024. Riot Platforms Inc (NASDAQ: RIOT), a leading player in the Bitcoin (BTC) mining industry has announced a significant development in its quest to expand its mining capabilities. The company stated in a press release that it has entered into a long-term purchase agreement with MicroBT Electronics Technology Co., LTD, a well-known manufacturer of...

Leading digital asset Bitcoin hit $30K for the first time in almost a year amid prevalent gains in crypto stocks. Crypto stocks are rising, with players Marathon Digital Holdings (NASDAQ: MARA) and Riot Platforms (NASDAQ: RIOT) leading gains. The duo is trading up at 11% and 15%, respectively, with prominent coin Bitcoin (BTC) also changing hands at $30K. As it stands, BTC price is up by more than 80% so far this year. Besides MARA and RIOT, other smaller crypto stocks also experienced...

The number 1 cryptocurrency in the world has amassed over 82% gains since the beginning of the year. MicroStrategy (NASDAQ: MSTR) is a major beneficiary in the latest Bitcoin rally that pushed the crypto asset’s price to a new level. While the crypto market was in the red, many crypto-related stocks. MicroStrategy, which Bitcoin holding is worth 140,000, had a tough time before the recent rally. The company bought its first Bitcoin in August 2020, adopting the top cryptocurrency as a...