Riot Platforms Inc. is a technology company that focuses on cryptocurrency mining, specializing in Bitcoin. The company operates large-scale mining facilities that utilize advanced hardware to generate and validate cryptocurrency transactions on blockchain networks. Riot Platforms is committed to expanding its mining capabilities while emphasizing sustainable energy practices and efficiency in its operations. Additionally, the company explores opportunities in the broader blockchain ecosystem, positioning itself to capitalize on the evolving landscape of digital currencies and related technologies. Read More
Riot Platforms shares are trading higher by 7.1% during Wednesday's session. The company announced it has secured a $100 million credit facility from Coinbase.
South Korea is taking strong action against cryptocurrency platforms that fail to comply with its financial regulations. In a major move to safeguard investors, the government has ordered the removal of multiple unregistered crypto exchange apps from both Apple’s App Store and Google’s Play Store. These apps were operating illegally in the country, violating South Korea’s strict rules for digital asset businesses.
Shares of Riot Platforms Inc. (NASDAQ: RIOT) are trading lower Monday, nearing 52-week lows as crypto-linked stocks continue to face selling pressure amid broad investor caution and recent company updates.
The “ClickFake” campaign from North Korea is bringing cybersecurity risks in the cryptocurrency space to light once more. However, security experts say that human error, not flawed smart contracts, is the greatest threat to Web3.
PALM BEACH, Fla., April 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A growing number of organizations are embracing Bitcoin as a financial asset, adding the cryptocurrency to their Treasury in order to safeguard wealth, as well as capitalize on other benefits. A recent article by industry insiders, Consultancy-me.com, outlines the opportunities that arise from integrating Bitcoin into corporate treasury strategies. It said: “The radical perception of Bitcoin in corporate treasuries is now a strategic reality, fostering a fundamental reassessment of traditional financial management. Well-known examples of companies embracing Bitcoin as a financial reserve include MicroStrategy (which holds over 100,000 Bitcoins), Tesla, Block (formerly Square), Galaxy Digital, energy multinational Aker, and even traditional financial institutions like Fidelity. Other companies worldwide too have made headlines by strategically allocating significant portions of their capital to Bitcoin, solidifying their perception as a crucial hedge against growing global economic uncertainties and an effective store of long-term value. The accelerating adoption of Bitcoin has prompted businesses to seriously consider integrating cryptocurrencies into their core treasury strategies. This approach offers various benefits, such as protecting against inflation, reducing reliance on traditional financial institutions, and increasing liquidity. Companies drawn to Bitcoin viewing the cryptocurrency as a robust store of value capable of mitigating the erosion caused by inflationary trends. By holding Bitcoin, companies also hope to capitalize on its potential for long-term appreciation.” Active companies in news today include: KULR Technology Group, Inc. (NYSE: KULR), MicroStrategy® Incorporated (NASDAQ: MSTR), Rumble (NASDAQ: RUM), MARA Holdings, Inc. (NASDAQ: MARA), Riot Platforms, Inc. (NASDAQ: RIOT).
The “ClickFake” campaign from North Korea is bringing cybersecurity risks in the cryptocurrency space to light once more. However, security experts say that human error, not flawed smart contracts, is the greatest threat to Web3.
Defiance Daily Target 2X Long RIOT ETF (ARCA: RIOX) faced 73% loss in 3 months due to sharp fall in Riot's stock, high risks of leveraged ETFs and volatile crypto market.
Cryptocurrencies have opened new opportunities in areas like decentralized finance (DeFi), tokenized assets, and smart contracts, driving innovation across industries and reshaping how value is exchanged globally.
Major warning for RIOT stock as death cross forms, reinforcing bearish trend. Despite slight bounce, technicals and BTC volatility signal more weakness.
