Riot Platforms, Inc. (RIOT)
Riot Platforms, Inc. operates in the Financial - Capital Markets industry of the Financial Services sector, headquartered in Castle Rock, CO, US. The stock last traded at $15.50, up 2.65% on the session, giving a market capitalisation of $5.82B. On trailing twelve-month figures it carries a trailing P/E of -4.21, a net margin of -196.3%. Its beta of 3.76 implies it has historically moved more than the broad market.
Riot Platforms, Inc., along with its associated companies, primarily operates as a Bitcoin mining enterprise within the United States. The firm's activities are divided into two main areas: Bitcoin Mining and Engineering. It develops and manages essential infrastructure for large-scale Bitcoin mining operations at sites in Rockdale and Navarro counties, Texas, as well as two facilities in Paducah, Kentucky. Beyond its mining endeavors, the company's Engineering division designs and manufactures specialized power distribution equipment and custom-engineered electrical solutions. This segment also provides comprehensive services for the design, production, and installation of electricity distribution products to a diverse client base, including major commercial organizations, government agencies, and customers in the data center, power generation, utility, water, industrial, and renewable energy sectors. Established in the year 2000, Riot Platforms is headquartered in Castle Rock, Colorado.
Riot Platforms, Inc. is most often compared with the following Financial Services names: