Riot Blockchain (RIOT) Stock Jumps 121.7% For the Half a Year: Should You Invest?

On the chart, for the last month, we can see that the stock was raising till June 29 and then started to decline. The lowest price of the stock was $24.74 on July 20 and the highest one was $40.10 on June 29. The price of the stock for today is $28.65 with a total volume of 1,407,421 shares.

Riot Blockchain jumps 121.7% during the first six months of 2021. In June, The company has launched the 243 Bitcoin tokens in the New York and Texas mining facilities. The Riot reported about the 2,243 tokens which price is more than $69 million close to the end of June.

However, the company is aiming to double this price till the end of the next year. At the end of March, there was approximately $241 million on the company’s account. It might seem attractive to invest in this company because of its cash cushion and the increasing areas of the mining operations.

Related:  QAD (QADB) Is Surging By Tremendous 80%, What's The Buzz?

Trevor Omaha

Since 2009 Trevor has been eager to know the causes of financial crises. Right now he is actively searching for the next crisis which will decide the fate of the middle class in the Americas and Europe. We wish him good luck in his research.

Want Hot Stocks?    Yes. I Love Them No thanks