RIOT - cryptocurrency trading signals

2024-06-28 - SELL - signal HIGH - confidence HIGH

08:40

SELL

HIGH

Bitfarms Appoints Fanny Philip To Thwart Riot Platforms' Hostile Takeover

Riot Platforms' failed takeover bid and blocked attempts to increase shareholding suggest internal conflicts and potential instability.

2024-06-24 - BUY - signal HIGH - confidence HIGH

11:13

BUY

HIGH

Bitcoin Mining Industry Attracts Investor Interest Following Core Scientific and CoreWeave Collaboration

Rated as a buy by JPMorgan Chase with sufficient power capacity dedicated to Bitcoin mining.

2024-06-15 - BUY - signal MEDIUM - confidence HIGH

05:48

BUY

MEDIUM

Top US Crypto Mining Executives Launch Non-Profit Bitcoin Voter Project

Riot Platforms' involvement in the Bitcoin Voter Project and their higher visibility in the regulatory landscape could lead to increased investor confidence and potential higher stock prices.

2024-06-13 - SELL - signal HIGH - confidence HIGH

22:38

SELL

HIGH

Bitfarms Rejects Riot Platforms' Acquisition Proposal, Plans Major Mining Site in Pennsylvania

Riot Platforms' rejected acquisition proposal for Bitfarms can signal potential negative sentiment or reduced growth opportunities for Riot.

14:33

SELL

HIGH

Kerrisdale Capital Initiates 'War' Against Bitcoin Miners, Labels Them As 'Fraudulent Industry'

Direct shorting by Kerrisdale Capital could cause a significant drop in the stock price of Riot Platforms.