US Bitcoin miners, including Riot Platforms, raised over $3.7B since November, capitalizing on BTC's price surge. Funds were used to buy more coins. 🚀💰 #Bitcoin #Crypto #Mining #RiotPlatforms #BTC #Investment #Cryptocurrency #Blockchain

@mcnees tbh that's not the half of it... the co. the economist discusses is #RiotPlatforms FKA #RiotBlockchain FKA "Bioptix" (that last one may give you an idea where this is going).

#RIOT has been on the radar of sceptical short sellers for a long time & it's not bc they managed to find a way to get paid for not processing #bitcoin txns (some call it "mining"). for instance here's a #HindenburgResearch short report from 2018 (!) about Riot's shady af accounting:

https://hindenburgresearch.com/riot-blockchain-yet-another-suspicious-cash-depleting-transaction/

Other fun facts:
1. CEO's only listed work experience is ~10 yrs as a professional poker player
2. In the last 5 years the # of RIOT shares in existence has gone up over 1,250%. so they diluted 92% of their shareholders' equity (+ they're showing no signs of slowing down)
3. they tried to pay their execs ~$90 mil/yr when the the whole company was worth $400-500 mil
4. they're in a LOT of debt (from where???)
5. the ASICs they buy from China seem to mysteriously either not get turned on or not exist

Bitcoin mining stocks soar ahead of the halving event, with Riot Platforms leading the surge with a 10.13% increase and unveiling a new 250-acre facility in Texas.

The halving reduces mining rewards from 6 BTC to 3.125 BTC per block.

#BitcoinHalving #BTC #RiotPlatforms #Nasdaq

Hello, crypto fans! 💖✨ Amidst a bullish week, let's turn our gaze to Bitcoin miners - the hidden gems poised for a sparkling future. With predictions of Bitcoin hitting $150K by 2025, every moment is an opportunity to shine. Let's invest with vision, sass, and a whole lot of sparkle.🌟💡

#BitcoinMiners #FutureIsCrypto #GlamourAndGains #AnnikaLee #XtremCryptoBabe #Crypto #CryptoNews #MicroStrategy #MSTR #RiotPlatforms #RIOT #CLSK #CleanSpark #Bitcoin #BTC #Ethereum #ETH

https://xtremcryptobabe.com/gleaming-prospects-bitcoin-miners-the-2025-crypto-forecast/

@blacklight

"This factory that produces nothing is going to be the #1 user of water in our entire county."

Jacky Sawicky, founder of the Concerned Citizens for Navarro County and a member of the NCAC: National Coalition Against #CryptoMining, joins Scam Economy with Matt Binder to tell us exactly what happened when #RiotPlatforms brought their #BitcoinMining operation to her Texas town.

https://youtu.be/aS0VkG6_Kzk