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Riot Platforms: Soaring Bitcoin Spurs Gains

Bryce TuoheyAvatar
Written by Bryce Tuohey Reviewed by Tim Sykes Fact-checked by Matt Monaco
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Riot Platforms Inc.’s stocks have been trading up by 3.26 percent, driven by optimistic market sentiment.

Recent Developments Affecting Stock Price

  • Bitcoin achieves a new peak price of $109,302, directly influencing publicly traded companies like Riot Platforms.
  • Riot Platforms expanded its credit facility with Coinbase to $200M, maintaining favorable terms for strategic advancements.
  • An 11% monthly surge in Riot’s Bitcoin output for May not only shows impressive growth but also nudges the stock up by a notable 2%.

Candlestick Chart

Live Update At 17:03:33 EST: On Tuesday, June 10, 2025 Riot Platforms Inc. stock [NASDAQ: RIOT] is trending up by 3.26%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Analysis of Riot Platforms’ Financial Health

In the world of trading, making smart decisions is paramount. Risk management should be every trader’s top priority. As millionaire penny stock trader and teacher Tim Sykes says, “It’s better to go home at zero than to go home in the red.” This philosophy emphasizes the importance of preserving your trading capital. Ending a session with no gains might be disappointing, but it is far preferable to suffering a loss that could adversely affect future trading opportunities. Traders understand that maintaining discipline and focusing on long-term success are key to thriving in the volatile markets.

Riot Platforms reported significant achievements in its financial endeavors, despite certain wobbly numbers. On a surface level, Riot’s revenue growth paints a pretty picture. Over the last five years, revenue soared by 125.93%. But, despite this growth, profitability metrics tell a different story. EBIT margin and pretax profit margin stand in negatives, a sign of hurdles that need tackling.

Riot’s recent $200M credit line expansion sounds promising. The funds are targeted for strategic projects, and it’s this kind of business maneuvering that hints at Riot’s potential. With a current ratio of 3.2, the company’s liquidity seems solid, backing up its operational maneuvers. A reasonable leverage ratio adds to this stability, granting Riot the breathing room it needs to forge ahead in Bitcoin mining ventures.

In terms of assets, Riot relies heavily on its Bitcoin assets—these are not only crucial for valuations but tell a bigger story as BTC hits historic highs. Stock-based compensation remains a significant part of their expenses—a common practice in tech-focused companies. However, Riot is in the red with net operating cash flows, slipping to a negative $122.06M, which points to its cash burn pace—a crucial area for investors to focus on.

Key News Impacting Market Performance

Bitcoin Surge: Context and Influence

Bitcoin’s relentless climb to $109,302 has sparked palpable excitement in markets. For Riot Platforms, whose fortunes are intricately tied to Bitcoin mining, this is a boon. In the cryptosphere, higher Bitcoin prices lead to increased revenues for mining operations, and Riot stands to benefit in a big way. With Bitcoin’s upward trend, Riot’s mining output becomes significantly more valuable, reflecting positively on stock valuations.

Strategic Expansion: Doubling Down with Coinbase

Riot doubled its borrowing capacity through Coinbase, securing a $200M credit line with unchanged terms. The purpose? To fuel strategic initiatives. While leveraging this credit, Riot aims to reinforce its standing in the Bitcoin mining landscape. This move not only strengthens operational capabilities but also heightens investor confidence. Riot appears eager to capitalize on Bitcoin’s bullish wave, aligning with industry giants to ensure they extract maximum advantage.

More Breaking News

Bitcoin Production Boost: Surpassing Milestones

Riot announced an impressive uptick in Bitcoin production, registering an 11% month-over-month rise for May. Such significant growth not only displays operational potency but also ignites stock prospects. When a mining company escalates production, it underscores their efficiency and capability to convert market conditions into tangible outcomes. Riot’s correlation with Bitcoin puts it at an advantageous point, as heightened production amidst Bitcoin spikes positions them favorably for investors.

Conclusion: Assessing Riot’s Forward Path

Riot Platforms is riding high on Bitcoin euphoria. The ascent in Bitcoin prices ushers an era of prosperity for Riot. Strategic partnerships, such as doubling their credit with Coinbase, enhance Riot’s market positioning, allowing for expansive growth strategies. While their financial documents indicate challenges, particularly in profitability, the compelling advances in core operations and rising Bitcoin prices offer a promising picture.

Traders, though, should heed the wisdom of millionaire penny stock trader and teacher Tim Sykes, who says, “You must adapt to the market; the market will not adapt to you.” This is particularly vital for those considering the bullish prospects tied to Bitcoin’s performance. In Bitcoin mining, where tides shift with crypto prices, Riot Platforms appears poised. They navigate deftly between market opportunities and operational enhancement. The future looks promising as Riot continues to align closely with Bitcoin’s trajectory, offering a vibrant growth canvas for stakeholders.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”