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RIOT

9.14000 USD
0.59
6.90%
Last update May 27, 3:59 PM EDT
Market closed
Day range
8.67000
9.19500
Previous close
8.55000
Open
8.85500
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Riot Platforms Inc.
9.14
0.59
6.90%

Overview

Description

Riot Platforms Inc. is a company primarily engaged in cryptocurrency mining, a fundamental aspect of the evolving blockchain technology and digital asset ecosystem. By utilizing specialized hardware, Riot Platforms focuses on the mining of Bitcoin, the dominant cryptocurrency, contributing to the validation and processing of transactions within the Bitcoin network. The company plays a critical role in the blockchain industry, providing the necessary computational power to maintain network security and verify transactions. Riot Platforms Inc. capitalizes on technological advancements and strategic operational decisions to enhance mining efficiency, scalability, and energy sustainability. With an emphasis on alignment with regulatory developments and environmental considerations, the company actively pursues investments in renewable energy resources to power its operations. Operating within the fast-paced technology and financial sectors, Riot Platforms Inc. is instrumental in supporting the infrastructure of the cryptocurrency market. As a bellwether in the identity-heavy sphere of crypto mining, it highlights the growing intersection of digital assets and traditional financial industries, contributing to the broader acceptance of cryptocurrencies as a legitimate asset class. Founded in 2000 and based in the United States, the company continues to evolve in tandem with the rapid advancements of blockchain technologies.

About

CEO
Mr. Jason Les
Employees
489
Address
3855 Ambrosia Street
Suite 301
Castle Rock, 80109, CO
United States
Phone
303 794 2000
Instrument type
Common stock
Sector
Financial Services
Industry
Capital Markets
Country
United States
MIC code
XNCM
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