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Riot Platforms, Inc. ($RIOT) Stock Forecast: Down 5.1% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Riot Platforms, Inc.?

Riot Platforms, Inc. (RIOT) is a Bitcoin mining company specializing in cryptocurrency mining. Recently, RIOT saw a significant decrease in the stock market.

Why is Riot Platforms, Inc. going down?

RIOT stock is down 5.1% on Apr 28, 2025 16:15

  • RIOT's stock fell even as the overall market showed signs of improvement, pointing to weaknesses in the company's performance.
  • The stock did not rise despite expectations of surpassing earnings estimates, possibly indicating that investors had higher hopes.
  • Although RIOT secured a $100 million Bitcoin-backed loan from Coinbase for expansion, this did not cause a positive shift in the stock, likely influenced by broader market conditions.
  • The downturn in the stock could be linked to investors taking profits following a period of growth or concerns about how cryptocurrency market volatility might affect RIOT's operations and profitability.

RIOT Price Chart

RIOT Technical Analysis

RIOT News

Riot Platforms, Inc. ( RIOT ) Stock Declines While Market Improves: Some Information for Investors

In the most recent trading session, Riot Platforms, Inc. (RIOT) closed at $7.77, indicating a -0.26% shift from the previous trading day.

https://www.zacks.com/stock/news/2456317/riot-platforms-inc-riot-stock-declines-while-market-improves-some-information-for-investors

0 Missing News Article Image Riot Platforms, Inc.  ( RIOT )  Stock Declines While Market Improves: Some Information for Investors

Riot Platforms, Inc. ( RIOT ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Riot Platforms, Inc. (RIOT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

https://www.zacks.com/stock/news/2454883/riot-platforms-inc-riot-expected-to-beat-earnings-estimates-can-the-stock-move-higher

1 Missing News Article Image Riot Platforms, Inc.  ( RIOT )  Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Bitcoin Miner Riot Platforms Gets $100M Credit Facility From Coinbase

Riot Platforms has used a portion of its Bitcoin treasury to secure a $100 million loan from Coinbase's lending arm.

https://decrypt.co/316048/bitcoin-miner-riot-platforms-100m-credit-facility-coinbase

2 News Article Image Bitcoin Miner Riot Platforms Gets $100M Credit Facility From Coinbase

Riot Platforms secures $100M 'Bitcoin-backed' loan from Coinbase

Riot Platforms has used its massive Bitcoin stockpile as collateral to secure a $100 million credit facility from Coinbase as the cryptocurrency miner eyes continued expansion. The $100 million loan from Coinbase's credit arm marks Riot's "first Bitcoin-backed facility," CEO Jason Les said in an ...

https://cointelegraph.com/news/riot-platforms-bitcoin-backed-loan-coinbase

3 News Article Image Riot Platforms secures $100M 'Bitcoin-backed' loan from Coinbase

Riot Platforms, Inc. Price History

23.03.2025 - RIOT Stock was up 7.3%

  • RIOT experienced a significant upward trend today, ending the day at a higher point compared to the previous session.
  • Riot Platforms recently secured a substantial $100 million 'Bitcoin-backed' loan, believed to support its strategic growth initiatives.
  • The announcement regarding the loan from Coinbase is likely responsible for the increased investor optimism towards RIOT's future growth, influencing the positive market performance.
  • This development highlights RIOT's progressive strategy of leveraging its Bitcoin assets for business expansion, potentially generating favorable market sentiment for the stock.

24.02.2025 - RIOT Stock was up 5.3%

  • RIOT stock experienced a strong bullish movement today, possibly driven by the announcement of the $185 million acquisition deal to boost mining capacity.
  • The market's positive reaction to the acquisition news could be attributed to the potential increase in mining efficiency and profitability for RIOT.
  • Investors might be optimistic about RIOT's future prospects, especially with the significant growth in Pelosi's AI pick over the past month.
  • Despite the overall market rise, RIOT's slight decline in the prior trading session could have been overshadowed by the anticipation and excitement surrounding the acquisition deal, leading to today's bullish movement.

18.02.2025 - RIOT Stock was down 5.1%

  • RIOT stock decreased by -0.77% while the overall market was up.
  • The downward trend may be linked to profit-taking by investors following a recent period of gains.
  • Traders may exercise caution amidst regulatory uncertainties or general market volatility affecting RIOT.
  • Investors are advised to observe RIOT's price movements closely for potential entry points as the stock adapts to market dynamics.

06.02.2025 - RIOT Stock was down 6.4%

  • RIOT stock faced a bearish trend as deep-pocketed investors took a negative stance towards Riot Platforms, as indicated by the options records.
  • The decline in RIOT's bitcoin production per day compared to MARA Holdings could have contributed to the bearish movement.
  • The news of Trump's plans to create a strategic crypto reserve, including Bitcoin, might have positively impacted other crypto-related stocks but had a contrasting effect on RIOT due to specific company-related factors.
  • Overall, the bearish movement in RIOT today could be attributed to a combination of internal company performance metrics and external market dynamics.

04.02.2025 - RIOT Stock was down 12.4%

  • RIOT's bitcoin production per day showed a 1% decline on a month-over-month basis, in contrast to MARA Holdings' 4% increase, potentially influencing the bearish movement.
  • The options frenzy surrounding RIOT suggests that wealthy investors have taken a bearish stance on the stock, possibly impacting the negative market movement.
  • Despite the overall rise in Bitcoin mining stocks after Trump's announcement of a strategic crypto reserve, RIOT's 19% decline in the last 6 months has raised investor concerns, contributing to today's bearish trend.

28.03.2025 - RIOT Stock was down 5.1%

  • RIOT's stock fell even as the overall market showed signs of improvement, pointing to weaknesses in the company's performance.
  • The stock did not rise despite expectations of surpassing earnings estimates, possibly indicating that investors had higher hopes.
  • Although RIOT secured a $100 million Bitcoin-backed loan from Coinbase for expansion, this did not cause a positive shift in the stock, likely influenced by broader market conditions.
  • The downturn in the stock could be linked to investors taking profits following a period of growth or concerns about how cryptocurrency market volatility might affect RIOT's operations and profitability.

15.03.2025 - RIOT Stock was down 6.6%

  • RIOT stock displayed significant bearish movement today, approaching yearly lows, likely influenced by broad market volatility linked to tariff uncertainty.
  • Analysts anticipate potential escalation in Riot Platforms' infrastructure expenses, forecasting a 20% uptick in mining construction costs in the U.S. due to tariffs, contributing to the negative outlook.
  • Despite the market downturn, there were notable bullish options activities observed, notably by financial institutions. Nonetheless, the market sentiment was mixed, with 50% of traders exhibiting bearish inclinations, possibly intensifying the selling pressure on RIOT stock.

10.03.2025 - RIOT Stock was down 7.8%

  • Despite financial giants showing positivity towards Riot Platforms, the options history for RIOT indicated an equal divide between bullish and bearish traders.
  • The varied sentiments among traders could have sparked uncertainty, contributing to the bearish trend in RIOT stock.
  • The market appeared indecisive due to the conflicting signals from traders, leading to a pronounced bearish movement in RIOT today.

03.02.2025 - RIOT Stock was down 7.4%

  • RIOT's stock decline might be linked to influential investors taking a pessimistic stance on the company, as shown by public options data.
  • Despite strong financial results in Q4, concerns about rising operational expenses and lack of transparency may have contributed to the market's negative sentiment.
  • News about Trump's proposal to establish a cryptocurrency reserve incorporating Bitcoin, Ethereum, and other cryptos could have directed investor attention away from RIOT, leading to a sell-off.
  • CEO Jason Les reiterating the company's focus on increasing Bitcoin yield while moving away from strategies associated with Michael Saylor might have created uncertainty among investors, impacting the stock's performance adversely.

01.03.2025 - RIOT Stock was up 6.8%

  • Despite technical indicators pointing to persistent weakness and a bearish pattern formation, RIOT demonstrated significant bullish movement today.
  • The positive stance taken by wealthy investors towards RIOT, as reflected in options market activity, likely played a role in the stock's upward trajectory.
  • With conflicting signals from technical analysis and market sentiment, RIOT defied expectations by experiencing a surge, possibly driven by the optimistic outlook of major investors.

28.02.2025 - RIOT Stock was down 5.7%

  • RIOT witnessed a significant bearish trend despite the optimistic sentiment from large investors and a recent acquisition aimed at increasing mining capacity.
  • Today's downward movement could be a response to external elements like market volatility, regulatory uncertainties in the cryptocurrency sector, or profit-earning activities by traders.
  • Investors should evaluate both favorable occurrences such as the acquisition and possible market instabilities before deciding on RIOT's stock.

22.03.2025 - RIOT Stock was up 5.3%

  • RIOT stock saw a significant bullish movement despite nearing 52-week lows, indicating a potential shift in market sentiment.
  • The positive movement could be attributed to investors' optimism about the company's ability to navigate through tariff-related challenges and potential future infrastructure costs.
  • Despite concerns about increased expenses due to tariffs, RIOT's resilience in the face of broader market weakness suggests underlying strength in the company's operations and strategy.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.