Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Riot Platforms Inc
NASDAQ:RIOT
$15.48
Open 15.24 Prev Close 16.13
High 15.81 Low 14.88
Volume 19,149,445 Volume (Avg) 31,288
52 Week High 23.94 52 Week Low 6.19
Market Cap 5.8B PE Ratio 45.96

General

NameRiot Platforms Inc
TickerRIOT
ExchangeNASDAQ
SectorFinancial
IndustryCapital Markets
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees783

About Riot Platforms Inc

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.

Highlights

Analyst Target27.58
Market Cap5,755,600,000
PE Ratio45.96
EBITDA508,607,008

Valuation

Trailing PE29.77
Forward PE20.88
Price/Sales (Trailing 12 Mt.)9.03
Price/Book (Most Recent Quarter)1.71

Technicals

Beta3.85
52 Week High23.94
52 Week Low6.19
50 Day Average-15.88%
200 Day Average24.92%

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