Added to YB: 2026-08-19
Pitch date: 2026-08-14
RIOT [bullish]
Riot Platforms, Inc.
Author Info
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Company Info
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States.
Market Cap
$7.1B
Pitch Price
N/A
Price Target
50.66
Dividend
N/A
EV/EBITDA
-8.50
P/E
-5.00
EV/Sales
11.18
Sector
Software
Category
growth
Research & Analysis: Riot Platforms (NASDAQ: RIOT)
RIOT: Bitcoin miner pivoting to AI data center hosting. 241MW contracted (AMD 50MW, Anthropic 191MW/$9.8B 20yr at 85% margin); 1GW Corsicana LOI pending. Self-finances via BTC mining, in-house switchgear (ESS Metron). ~$520mm Rockdale rev by 2028. Risks: tenant concentration, debt, weak BTC. Trades 9.9x P/S.
Read full article (9 min)