Riot Platforms Inc RIOT

Riot Platforms, Inc. is a Bitcoin mining and digital infrastructure company. The Company has Bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver, Colorado. It operates a Bitcoin-driven infrastructure platform. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in Bitcoin mining activities. The Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products. The Engineering segment also provides electricity distribution product design, manufacturing, and installation services primarily focused on large-scale commercial and governmental customers and serves a broad scope of clients across a wide range of markets including data center, power generation, utility, water, industrial, and alternative energy. The Company’s total potential power capacity is two gigawatts.

NDAQ:RIOT - Post by User

Riot Platforms Inc

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Post by sdhakaon Sep 12, 2024 3:17pm

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Riot Platforms’ EV/Revenue ratio of 4.7 positions

Riot Platforms’ EV/Revenue ratio of 4.7 positions it as a strong contender in the Bitcoin mining space. The company continues to expand its mining operations and is poised to benefit from a favorable market environment.

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