mid-cap

Update on One NASDAQ- Listed Cryptocurrency Stock Amid Market Uncertainty: RIOT

May 09, 2025 | Team Kalkine
Update on One NASDAQ- Listed Cryptocurrency Stock Amid Market Uncertainty: RIOT
Image source: shutterstock

RIOT:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Riot Platforms, Inc

Riot Platforms, Inc (NASDAQ: RIOT) is a company focused on Bitcoin mining and digital infrastructure. It runs Bitcoin mining facilities in central Texas and Kentucky and also has engineering and fabrication operations for electrical switchgear based in Denver, Colorado. The company operates a platform centred around Bitcoin infrastructure, with its business divided into two main segments: Bitcoin Mining and Engineering.

As per our previous US Dailies Report published on ‘RIOT’ on April 25, 2025, Kalkine provided an Buystance on the stock at USD 7.77 based on technical analysis and the stock price has now moved down by ~13.77% since then and has attained resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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