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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

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  • WealthLine48X
Post by WealthLine48on Nov 26, 2024 7:13pm
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Post# 36332435

Why I’m HODLing RIOT Long-Ter

Why I’m HODLing RIOT Long-TerEveryone’s playing RIOT like a swing trade, but I’m treating this as a long-term Bitcoin proxy. As Bitcoin adoption grows, so does the need for miners, and RIOT’s scaling faster than most. Sure, it’s volatile, but volatility = opportunity if you’re patient. This is my moonbag for 2025 when we’re all talking about $BTC six figures and beyond. Also keeping an eye on $BOLT; hearing it might skyrocket soon.
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