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Riot Platforms, Inc. (RIOT)

Financial Services Balanced

Riot Platforms is a large-scale American company that focuses on mining Bitcoin by running massive data centres filled with specialised computer hardware.

$20.17

Is Riot Platforms, Inc. a good stock for a UK beginner?

The honest version: Riot Platforms is a large-scale American company that focuses on mining Bitcoin by running massive data centres filled with specialised computer hardware.

No rating · no target price · nothing for sale here
Price+116.4%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+57% past year
$20.17
Low $10.59High $30.32
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Riot Platforms, Inc.
$2,164+116%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$7.63B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
17.47M
Day range: The lowest and highest price the shares traded at during the latest day.
$20.02 – $23.15
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$10.59 – $30.32
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
3.81
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 3.81
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +10% past week · ▲ +57% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Widespread adoption of Bitcoin and dominant market share for Riot.

The bear case

Regulatory hurdles or a long-term decline in Bitcoin interest.

What does Riot Platforms, Inc. do?

Running high-powered computers to solve complex puzzles that verify transactions on the Bitcoin network is the work, rewarded with newly created Bitcoin. Because their business is tied directly to the price of Bitcoin and the cost of electricity, their profits can swing wildly. How efficiently they can mine Bitcoin, set against the rising costs of the energy and hardware needed to keep their machines running, is the thing to follow.

VQGMI
Factor profile

On our factor screen it looks strongest on value and momentum, and weakest on income.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 64Quality: How profitable and financially healthy the company is (higher = stronger). 27Growth: How fast revenue and earnings are growing (higher = faster). 23Momentum: How the share price has been trending recently (higher = stronger recent run). 55Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Direct exposure to the Bitcoin ecosystem
  • Large-scale infrastructure and mining capacity
  • Significant growth potential if crypto markets thrive
What to watch
  • Quality screens low (27/100)
  • Growth screens low (23/100)
  • Income screens low (16/100)
  • Heavy reliance on the unpredictable price of Bitcoin
  • Regulatory changes affecting crypto mining operations

What do Riot Platforms, Inc.'s numbers mean?

P/S
11.6
This shows how much investors are paying for every pound of revenue the company generates, which is quite high compared to more traditional businesses.
Net margin
-132.8%
This negative figure shows that the company is currently spending significantly more on its operations than it is bringing in as profit.
Beta
3.8
A beta this high means the share price tends to move nearly four times as much as the wider stock market, making it a very bumpy ride.
P/B
3.2
This compares the company's market value to the value of its physical assets, like its mining rigs and buildings.

How much money does Riot Platforms, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$54.86M$109.73M$164.59M$219.45MQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
32.3%
Net margin
-132.8%
Return on equity
-32.5%

Does Riot Platforms, Inc. pay a dividend?

No - Riot Platforms, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

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What are the scenarios for Riot Platforms, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$30$20$11today · $20▲ Bull · $25• Base · $20▼ Bear · $14in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +30%A sudden surge in the price of Bitcoin boosts mining profitability.
Base
-5% to +5%Bitcoin prices remain steady with no major operational changes.
Bear
-20% to -40%A sharp drop in Bitcoin value makes mining less profitable.

What are the pros and cons of Riot Platforms, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Direct exposure to the Bitcoin ecosystem
  • Large-scale infrastructure and mining capacity
  • Significant growth potential if crypto markets thrive
The catch3
  • High operational costs and negative profit margins
  • No dividend payments to shareholders
  • Extremely high volatility compared to the broader market
Key risks3
  • Heavy reliance on the unpredictable price of Bitcoin
  • Regulatory changes affecting crypto mining operations
  • Rising electricity prices eating into thin margins
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.