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Riot Platforms Inc
Riot Platforms Inc (NASDAQ: RIOT) is a digital infrastructure company focused on Bitcoin mining and power-based infrastructure solutions. It operates mining facilities in Texas and Kentucky while also providing electrical engineering, manufacturing, and installation services through its Engineering segment. The Company is increasingly leveraging its power capacity to expand into data center applications, including artificial intelligence and high-performance computing, supporting broader infrastructure-driven growth beyond cryptocurrency mining.
According to our previous US Daily Report published on 'RIOT' on April 8, 2026, Kalkine provided a ‘Speculative Buy’ stance on the stock at USD 14.19 based on fundamental analysis and the stock price has now moved up by 19.03% and trading above resistance 2.
Noted below are the details of technical summary provided in our previous report:
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Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.
Past performance is not a reliable indicator of future performance.
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