Riot Platforms
RIOT
About: Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
Employees: 783
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 4 (+2) [Q2]
70% more capital invested
Capital invested by funds: $1.43B [Q1] → $2.44B (+$1.01B) [Q2]
69% more call options, than puts
Call options by funds: $492M | Put options by funds: $291M
61% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 79
51% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 55
7% more funds holding
Funds holding: 327 [Q1] → 350 (+23) [Q2]
3.04% more ownership
Funds ownership: 57.43% [Q1] → 60.47% (+3.04%) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Cantor Fitzgerald
Brett Knoblauch
|
$24
|
Overweight
Maintained
|
6 Aug 2025 |
Citigroup
Peter Christiansen
|
$13.75
|
Neutral
Initiated
|
6 Aug 2025 |
JP Morgan
Reginald Smith
|
$15
|
Neutral
Downgraded
|
28 Jul 2025 |
Piper Sandler
Patrick Moley
|
$18
|
Overweight
Maintained
|
21 Jul 2025 |
Needham
John Todaro
|
$15
|
Buy
Maintained
|
17 Jun 2025 |
Financial journalist opinion
Based on 6 articles about RIOT published over the past 30 days