Riot Platforms' stock has fallen about 9.4% in the past week following earnings but still shows a 53.1% gain year-to-date and 75.1% over one year. Wall Street remains cautiously optimistic with a consensus target near $29.66, while a bullish model projects a $34.46 price by 2026, driven by a major 20-year AI lab lease worth up to $16.1 billion. Key growth factors include expanding AI infrastructure contracts, a profitable AMD partnership, and capital-efficient buildout plans. To reach $34.46, Riot must deliver on its AI project milestones, convert additional leases, and secure financing without dilution, with construction execution as the main risk.
MicroStrategy, the largest corporate bitcoin holder, saw its stock plunge 75% in the past year due to an $8.3 billion unrealized loss on bitcoin and a GAAP loss far exceeding expectations. Despite this, 14 of 15 analysts maintain Buy ratings with an ...
Riot Platforms' shares rose 17% after announcing a 20-year lease for a 191 MW AI data center at its Texas campus, expected to generate $9.1 billion in revenue through 2048. The lease with Anthropic marks a major shift from Bitcoin mining to large-sca...
Riot Platforms announced a $9.1 billion, 20-year deal to supply AI data center capacity to Anthropic, with potential extensions up to $16.1 billion, driving a 20% premarket stock surge. Plug Power's shares rose 11% after beating Q2 expectations, impr...
Shares of major Bitcoin miners like Riot Platforms, MARA Holdings, and CleanSpark fell 5-6% following Strategy's disclosure of selling 1,690 Bitcoin at a loss and 6.59 million common shares to boost cash reserves. This move breaks Strategy's previous...
Riot Platforms, a leader in digital infrastructure and Bitcoin mining, announced the rescheduling of its Q2 2026 earnings conference call to August 10, 2026, at 4:30 PM EST. The call will be accessible via webcast and phone, allowing investors to hea...
