Riot Platforms Inc. (NASDAQ: RIOT) is a Bitcoin mining company that is vertically integrated. Its primary revenue earner is its mining activities, though the business also engages in data center engineering and hosting. At the moment, the company’s shares are priced at $10.9 each, and many investors may be wondering whether this pricing is appropriate and whether they can get value if they add this stock to their portfolios. We explore this subject so that intending investors can make an informed decision.
With its market cap currently standing at $3.2 billion, Riot Platforms has a $10.3 GF value. Many factors go into determining the GF value, and this metric suggests that the company’s current share price is fair. What investors can read from this is that there’s potential stability when one is thinking…
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