TLDR
- Riot Platforms (RIOT) closed at $14.02, up 1.15% and outperforming major indices
- Stock surged 44.98% in the past month and rose 115% over recent quarters
- Company holds 9.85% stake in fellow bitcoin miner Bitfarms as of July 16, 2025
- Q2 2025 earnings call scheduled for July 30, 2025 with EPS projected at -$0.19
- Analysts from Macquarie and Bernstein recently issued Buy ratings citing operational efficiency
Riot Platforms closed Monday’s trading session at $14.02 per share, marking a 1.15% gain from the previous day. The bitcoin mining company outperformed major market indices, with the S&P 500 gaining just 0.14% and the Dow declining 0.04%.
After-hours trading brought even better news for shareholders. The stock climbed to $14.37, representing a 2.5% increase from the closing price.
Monday’s trading range told the story of a stock with serious momentum. RIOT fluctuated between $13.93 and $15.34, with the high sitting dangerously close to its 52-week peak of $15.87.
The company’s market capitalization now stands at approximately $5.01 billion. With roughly 357.26 million shares outstanding, investors have been piling into the stock as bitcoin sentiment improves.
The past month has been particularly kind to RIOT shareholders. The stock jumped 44.98% during this period, crushing the Finance sector’s 4.07% gain and the S&P 500’s 5.35% advance.
Looking at the bigger picture, RIOT has delivered a staggering 115% surge over recent quarters. This performance puts the company among the top performers in the volatile crypto mining space.
Bitfarms Investment Strategy
Riot’s strategic positioning extends beyond its own mining operations. On July 16, 2025, the company reported holding a 9.85% stake in Bitfarms, a fellow bitcoin mining company.
This investment reflects Riot’s broader strategy of influencing the competitive landscape. The company previously entered a settlement agreement with Bitfarms and has been publicly active in shaping the company’s board and strategic direction.
Earnings Preview and Analyst Sentiment
Wall Street is circling July 30, 2025 on their calendars. Riot announced its Q2 2025 earnings conference call for 4:00 PM ET that day.
Analysts are projecting an earnings per share loss of $0.19 for the quarter. While still negative, this represents a 40.63% improvement from the same period last year.
Revenue expectations paint a brighter picture. The Zacks Consensus Estimate projects $149.8 million in quarterly revenue, reflecting a 113.94% jump from the equivalent quarter in 2024.
For the full year, analysts expect an EPS of -$1.44 and revenue of $643.37 million. The revenue figure represents a 70.81% increase from the previous year.
Several major investment firms have taken notice of RIOT’s operational improvements. Macquarie and Bernstein recently initiated or reiterated Buy ratings on the stock.
These analysts cite operational efficiency gains and increased bitcoin mining yield as key positive factors. The improved efficiency comes despite reports of year-over-year production declines in some recent months.
The Zacks Rank system currently assigns RIOT a #4 (Sell) rating. However, the Zacks Consensus EPS estimate moved 2.37% higher within the past month, suggesting some analyst optimism.
RIOT operates primarily out of Texas and Kentucky, providing large-scale bitcoin mining and engineering services. The company’s performance remains closely tied to cryptocurrency market fluctuations and regulatory developments.
In August 2024, Riot launched a $750 million equity sales agreement to expand its capital resources. This move positioned the company to take advantage of market opportunities and operational expansion.
The Q2 2025 earnings call on July 30 represents the next major catalyst for the stock, with potential to drive further volatility based on performance metrics and updated guidance.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support
