Tag: Riot platforms
Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI?
The top 4 miners by market cap all beat their monthly production numbers
www.coindesk.com [...]
Bitcoin (BTC) Miner Riot Platforms (RIOT)’s Second-Quarter Loss Widens to $84.4M as Costs Surge
The cost to mine the bitcoin jumped to $25,327 from $5,734 due to a 68% increase in the network's hashrate. Hashrate is a measurement of the total com [...]
Riot Platforms’ (RIOT) Acquisition of Block Mining Makes Sense, JPMorgan (JPM) Says
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Bitcoin Miner Riot Platforms (RIOT) Ditches Bitfarms (BITF) Takeover, Seeks to Overhaul Board
Riot, which became Bitfarms' largest shareholder and owns 14.9% of the company, called for a special meeting to remove Bitfarms' Chairman and interim [...]
Bitcoin Miner Riot Platforms (RIOT) Falls After Being Targeted by Short-Seller Kerrisdale
"Like other US listed miners, $RIOT’s biz model is a dysfunctional hamster wheel of cash burn, which is why it loots retail shareholders with non-stop [...]
Riot (RIOT) Takeover Proposal “Significantly Undervalues” Bitfarms (BITF), Crypto Miner Says
A committee of the board considering the approach "determined it significantly undervalues the company and its growth prospects," the Toronto-based fi [...]
Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share
Bitfarms' shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot's announcement.
www.coindesk.com [...]
Bitcoin’s (BTC) Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
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Bitcoin Year-End Price Target Raised to $90K at Bernstein
“With a new bitcoin bull cycle, strong ETF inflows, aggressive miner capacity expansion, and all-time high miner dollar revenues, we continue to find [...]
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over ‘Emergency’ Survey
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Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%.
www.coindesk.com [...]
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