Keyword Analysis & Research: riot blockchain stock news


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What are the target prices for riot blockchain's shares?

3 brokers have issued 1 year target prices for Riot Blockchain's shares. Their forecasts range from $40.00 to $49.00. On average, they expect Riot Blockchain's stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 53.9% from the stock's current price.

What happened to riot blockchain?

Four years ago, a failed medical device maker called Bioptix rebranded itself as Riot Blockchain (NASDAQ: RIOT) and became a Bitcoin (CRYPTO: BTC) mining company. Earlier this year, Riot exchanged its stake in Coinsquare for new shares of the fintech company Mogo (NASDAQ: MOGO).

What does riot blockchain’s $33 million purchase from Bitmain mean for miners?

The bitcoin miner announced further expansion plans with an order of $33 million to buy 3,000 of the miner model S19XP (140 TH/s) from Bitmain Technologies Limited. Riot Blockchain anticipates deploying this equipment in the second half of 2022.

How many bitcoin does riot hold?

The total number of Bitcoin Riot held as of late November 2021 was about 4,464 BTC. The bitcoin miner announced further expansion plans with an order of $33 million to buy 3,000 of the miner model S19XP (140 TH/s) from Bitmain Technologies Limited. Riot Blockchain anticipates deploying this equipment in the second half of 2022.


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