Almost 2 Years Ago
1 Min Read

RIOT increasing 5% today. Here's what's going on:



Riot Blockchain Inc (RIOT) is trading 5% higher at $5.575 today.

Riot Blockchain Inc has been trading between a 52-week high of $46.28 and a 52-week low of $4.02. The stock has a market cap of $755 Million.

Riot Blockchain focuses on cryptocurrency mining of bitcoin. The Company is expanding and upgrading its mining operations by securing the most energy efficient miners currently available. Riot also holds certain non-controlling investments in blockchain technology companies.

Headlines


Texas bitcoin miners halt operations to save energy amid heat wave
Techtelegraph 07-13-22

WARNING: Why Texas Is a Big Risk for Crypto Mining Stocks
InvestorPlace 07-12-22

Technical Indicators under Consideration: Riot Blockchain, Inc. (NASDAQ:RIOT), Macy’s, Inc. (NYSE:M)
Stock Equity 07-11-22

Looking At Riot Blockchain''s Recent Whale Trades
Benzinga 07-08-22

Why Are Cryptocurrency Miners Such As Riot Blockchain, Marathon Digital Holdings Relocating?
Benzinga 07-08-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

TrophyWifeAspiration - 5 upvotes - source
America's strongest companies TLRY and RIOT lead markets higher.

Mike-Ooter - 4 upvotes - source
I got 7/29 puts for RIOT, COIN, WMT, and AMC, and 7/29 UXVY calls

Former_Clothes4070 - 4 upvotes - source
Who else had RIOT calls woot woooot

EnginrA - 4 upvotes - source
Meeseeks is a riot I know

Hl_IM_MR_MEESEEKS - 2 upvotes - source
EnginrA is a riot I know

taboogaulu - 1 upvotes - source
You’re wishing we riot because you lost money on options? lol more like welcome to the club

TantraMantraYantra - 1 upvotes - source
Riot In Piece

_grapevan - 1 upvotes - source
A bunch of real winners, in order of size: various SOXL calls 13.5-16.5, TSLA 745c & 755c, TLRY 3.5c & 4c, RIOT 5.5c, TQQ 26c

Former_Clothes4070 - 1 upvotes - source
Do I take my $500 profits from my RIOT call? The market had a really shit day but RIOT still went up almost 10%. Chances are the market will go up for a day or two from here and RIOT keeps ripping right?

Zachjsrf - 1 upvotes - source
RIOT is my jam!