Riot platforms
Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum
Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.
Riot Platforms Shares Jump Pre-Market After Posting Unexpected Profit on Record Revenue
Strong bitcoin mining performance and data center expansion drive momentum.
Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets
Alongside, JPMorgan downgraded IREN and CleanSpark
Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
The bank updated its miner estimates to reflect second-quarter earnings and changes to the network hashrate and the bitcoin price.
Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan
The bank increased its CleanSpark, Riot Platforms and MARA Holdings price targets.
Riot Platforms Boosts Bitcoin Output to 514 BTC as Hashrate and Expansion Plans Ramp Higher
The bitcoin miner also advanced plans to build massive data centers in Texas to support AI workloads.
Riot Platforms Taps Data Center Veteran to Expand Beyond Bitcoin Mining
Jonathan Gibbs will lead Riot’s push into enterprise-grade data centers for AI and cloud computing.
Riot Platforms Secures $100M Bitcoin-Backed Credit Line From Coinbase
The funds will be used for strategic initiatives and general corporate purposes, and cash drawn from the line will carry at least a 7.75% interest rate.
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Feasibility study confirms Corsicana Facility’s potential for AI/HPC growth as Riot delivers strong mining performance in March 2025.
