Should I buy Riot Platforms stock in 2025?

What is Riot Platforms?

What is the price of the Riot Platforms stock?

The price of Riot Platforms stock is falling this week. As of now, Riot trades at $8.18, reflecting a 2.39% decrease over the past 24 hours and a loss of 4.33% for the week.

The company has a market capitalization of $2.92 billion, with an average daily volume (3 months) of 27.92 million shares.

The stock currently has no P/E ratio as it remains unprofitable and does not pay a dividend, while its high beta of 4.75 signals significant volatility compared to the broader market.

Investors should be mindful that RIOT’s price can swing sharply, particularly in response to changes in the Bitcoin market.

Our full analysis on the Riot Platforms stock

After a thorough review of Riot Platforms’ most recent financials and an assessment of its share price trajectory over the past three years, we have leveraged proprietary multi-factor algorithms, incorporating in-depth financial analysis, technical charting, and sector benchmarking. Synthesizing market sentiment and institutional forecasts, it is appropriate to re-examine Riot’s medium-term potential. So, why might Riot Platforms stock once again become a strategic entry point into the digital asset infrastructure space for 2025?

Recent Performance and Market Context

Despite facing a challenging environment marked by volatility across the cryptocurrency sector, Riot Platforms (NASDAQ: RIOT) stands out for its resilience and capacity to capitalise on emerging market cycles. As of 30 May 2025, RIOT trades at $8.18, reflecting a modest -2.39% intraday move and a year-to-date decline of -35.34%. While the 12-month performance remains negative at -18.2%, this retracement has brought the stock towards the lower end of its 52-week range ($6.19–$15.87), setting the stage for renewed investor interest.

Importantly, the broader environment for digital infrastructures is markedly favourable. The recent Bitcoin halving in April 2024, ongoing advancements in blockchain technology, and increasing institutional adoption of digital assets underpin robust secular growth in the sector. The surge in AI-related computing demand has further bolstered the attractiveness of companies with high-performance, scalable infrastructure such as Riot. Notably, Riot has executed a series of positive strategic developments, including the doubling of its credit facility to $200 million with Coinbase and expanded initiatives in AI and high-performance computing (HPC).

Combine this with the sector’s improving sentiment—fuelled by regulatory engagement in the US and EU and strong retail participation—Riot appears well-positioned to benefit as the cycle turns upward.

Technical Analysis

From a technical perspective, Riot Platforms’ current setup is compelling for investors seeking asymmetric upside. The Relative Strength Index (RSI, 14 days) sits at 47.68, a neutral reading suggesting the stock is neither overbought nor oversold. However, the MACD (12,26,9) registers a positive reading of 0.23—a classic early signal of a potential bullish reversal. The Williams %R at -93.71 further reinforces this nascent buying momentum, indicating the stock has entered an oversold zone.

Examining key moving averages, the 20-day MA ($8.47) acts as near-term resistance, while the 50-day MA ($7.84) provides immediate technical support. Crucially, Riot is consolidating above the critical $6.19 level (52-week low), with any sustained move above $8.61 (short-term resistance) likely to trigger a bullish re-rating. Moreover, the medium-term structure features a broad base—often a precursor to a new accumulation phase. The current technical landscape, especially with the stock trading below its 100- and 200-day averages ($9.33 and $9.51), offers an attractive entry for those targeting a reversion to historic mean levels, in line with analyst targets.

Fundamental Analysis

The fundamental case for Riot Platforms is underscored by its record 2024 financial performance. Total revenue reached $376.7 million, a robust 34% year-on-year increase. Notably, Bitcoin mining revenues grew an impressive 70% to $321 million, highlighting operational leverage and management’s adept cost controls—reflected in an average mining cost of just $32,216 per BTC. Riot’s net income swung from a 2023 loss of $49.5 million to a $109.4 million profit, with adjusted EBITDA soaring to $463.2 million.

A substantial holding of 17,722 BTC ($1.65 billion as of year-end 2024) on the balance sheet enhances Riot’s asset base. This treasury strategy, focused on Bitcoin retention, provides both potential appreciation upside and a natural hedge against sector volatility.

Riot is also investing in scalable future growth, evidenced by its 31.5 EH/s deployed hash rate and its foray into AI/HPC applications with 600 MW of latent capacity in Corsicana. These initiatives diversify revenues and establish Riot as a multi-dimensional digital infrastructure play.

On valuation, while Riot is not presently profitable on a trailing-twelve-month (TTM) basis—its consensus price targets tell a different story. With a median target of $15.54 (range: $11.00–$22.00) from 17 analysts, the implied 90% upside makes the current entry point particularly compelling. The company’s $2.92 billion market cap and prudent leverage (debt/equity of just 21%) underpin a solid balance sheet and considerable headroom for strategic investment.

Volume and Liquidity

Trading volume and liquidity metrics further inspire confidence. With a daily average of nearly 28 million shares traded over the past three months and a float of 331.98 million shares, RIOT offers flexibility for both institutional and sophisticated retail investors. This level of liquidity allows for nimble position management and supports dynamic revaluations as new information is priced in.

High volume near technical support areas often signals market consensus regarding a stock’s value floor—another argument supporting the view that Riot is approaching a potential inflection point.

Catalysts and Positive Outlook

• AI and HPC Expansion: Riot’s progress in repurposing 600 MW of unused capacity towards AI and HPC markets reflects a shrewd response to evolving tech infrastructure demand—directly tapping into secular growth in AI compute needs.
• Balance Sheet Strength: The recently expanded $200 million credit facility with Coinbase boosts financial flexibility, enabling opportunistic investment or strategic acquisitions, particularly during sector dislocations.
• Operational Cost Advantage: By securing an average energy cost of just 3.4 cents/kWh, Riot maintains a sustainable competitive moat versus global peers.
• Strategic Asset Accumulation: The accumulation approach to holding Bitcoin not only positions the company to capitalise on future price appreciation but also indicates prudent treasury management.
• Favourable Regulatory Environment: With major jurisdictions taking a more constructive stance on digital asset inclusion and legal frameworks, the risk-reward profile for infrastructure providers like Riot has improved markedly.
• Market Cycle Positioning: Industry-wide investments in upgrading mining equipment following the April 2024 halving, together with an anticipated supply squeeze, may accelerate industry consolidation—and benefit scale operators like Riot disproportionately.
• Potential ESG Alignment: Ongoing energy and engineering initiatives could serve to further align Riot with ESG-conscious investors, especially if low-carbon energy sourcing is ramped.

Investment Strategies

Example of Investment Positioning

Short-Term Positioning: Recent price action indicates Riot is trading near significant technical support ($7.88), with short-term catalysts imminent from sector sentiment shifts and the next quarterly earnings cycle. Momentum indicators are shifting positive, suggesting an ideal window for tactical entries at these depressed levels—especially for investors anticipating a technical bounce.

Medium-Term Opportunity: The strong operational turnaround in 2024, added to the potential for new revenue streams (AI/HPC), supports the case for holding through the coming quarters. The share’s significant discount to consensus target prices provides scope for upside as the company delivers on its strategic vision and as the digital asset cycle recovers.

Long-Term Case: Investors with a longer time horizon can take comfort in Riot’s scalable low-cost infrastructure, diversified operations, and strong asset base—plus a management team laser-focused on operational efficiency and adaptive strategy. As digital assets and decentralised computing rise in strategic relevance, market leaders like Riot appear primed to capture exponential value over successive cycles.

At current valuations—well below historic highs and with the stock consolidating above multi-year support—Riot seems favourably positioned both for opportunistic accumulation and as a core holding within a technology or digital infrastructure mandate.

Is it the Right Time to Buy Riot Platforms?

Synthesising technical, fundamental, and sector-driven insights, Riot Platforms currently combines discounted valuation, robust growth prospects, and a series of imminent catalysts. The company’s record 2024 financial results, strong balance sheet, aggressive strategic expansions, and deep asset reserves, all reinforce the argument that its shares may be entering a new bullish phase.

Even with expected sector volatility, Riot’s operational agility, cost management, and future-oriented investment posture deliver substantial upside optionality for investors. The stock’s strong liquidity and clear analyst support further underline its appeal as a high-conviction name for those seeking exposure to the intersection of digital assets and next-generation tech infrastructure.

In summary, RIOT appears to present an excellent opportunity for investors seeking asymmetric exposure to technology-enabled growth. While prudent risk management remains essential, the current combination of market positioning, earnings momentum, and strategic catalysts makes Riot Platforms worthy of close consideration as a dynamic addition to future-focused portfolios.

For those seeking to capitalise on the powerful secular trends in digital asset infrastructure, Riot Platforms’ current price and outlook arguably represent a compelling entry point—anchored by robust fundamentals, near-term catalysts, and a clear vision for long-term value creation.

How to buy Riot Platforms stock in Ireland?

Buying shares in Riot Platforms online is straightforward and secure for Irish investors, provided you choose a regulated broker. You have two main options: buying the stock outright (“spot buying”) to hold it in your name, or trading via Contracts for Difference (CFDs), which allows for leveraged exposure without owning the shares directly. Each route has its benefits, risks, and costs—further details are just below, along with a broker comparison table to help you find the provider that suits you best.

Spot buying

A cash (spot) purchase means acquiring actual Riot Platforms (RIOT) shares through a brokerage platform. You’ll own the shares outright, usually registered in your name or held in a nominee account. With most Irish-friendly brokers, you’ll pay a low, fixed commission per trade, typically around €5–€10 per order.

Example

If the Riot Platforms share price is $8.18 (approx. €7.50), with a $1,000 (about €920) investment, you can buy around 122 shares after a typical $5 (€5) brokerage fee.
✔️ Gain scenario:
If the share price increases by 10% to $9.00, your shares will be worth $1,100.
Result: +$100 gross gain, or +10% on your original investment.

Trading via CFD

With CFDs (Contracts for Difference), you speculate on Riot Platforms’ share price movement without owning the stock itself. CFD brokers charge a spread (the difference between buy and sell price) and, if you hold positions overnight, a daily financing fee applies. Importantly, you can trade using leverage—amplifying both potential gains and losses.

Example

You open a CFD position on Riot Platforms with a $1,000 margin and 5x leverage, so your market exposure is $5,000.
✔️ Gain scenario:
If Riot Platforms rises by 8%, your position gains 8% × 5 = 40%.
Result: +$400 gain on your $1,000 outlay (excluding fees such as spread and overnight financing).

Final advice

Before investing, it is essential to compare brokers’ fees, platforms, and support. Costs can vary widely, especially for Irish residents buying US shares, and may impact your returns. Ultimately, your choice between spot shares and CFDs should align with your financial goals, risk appetite, and investment strategy. You’ll find a practical broker comparison further down this page to help choose the right partner for your needs. Always invest responsibly and consider seeking financial advice if unsure.

Our 7 tips for buying Riot Platforms stock

The latest news about Riot Platforms

Riot Platforms reported a record net profit of $109.4 million for 2024, reversing a $49.5M loss in 2023. This strong turnaround was primarily driven by a 34% annual revenue increase to $376.7 million, notably underpinned by Bitcoin mining revenue, which surged 70% to $321 million. The company’s adjusted EBITDA also substantially improved, reaching $463.2 million. This performance demonstrates Riot’s operational leverage and successful adaptation to the fast-evolving crypto mining sector, enhancing its profile as a credible player in digital asset infrastructure and potentially boosting confidence among European institutional investors, including those from Ireland who seek exposure to robust crypto-linked equities through U.S.-listed vehicles.

Riot holds a significant strategic Bitcoin treasury, with 17,722 BTC valued at approximately $1.65 billion as of year-end 2024. By adhering to a Bitcoin retention strategy rather than the immediate sale of mined coins, Riot can offer direct exposure to Bitcoin appreciation without the EU custody risks and restrictions, addressing a key interest from Irish and broader EU investors wishing to participate in Bitcoin’s growth via regulated equity markets. This treasury policy aligns with approaches favored by risk-aware European fund managers looking to diversify portfolios with digital asset themes while benefitting from U.S. regulatory oversight and accounting standards.

The company has announced a major expansion initiative into AI and high-performance computing, leveraging 600 MW of unallocated power capacity in Texas. This diversification beyond Bitcoin mining reduces dependence on crypto cycles and positions Riot to service rapidly growing demand for data center and computational infrastructure across global tech sectors—a strategic move of particular relevance in Ireland, a European leader in data centers and cloud hosting. This parallel between Riot’s U.S. projects and Ireland’s digital infrastructure leadership could make the stock increasingly interesting for Irish analysts focused on tech-adjacent equities with international scalability.

Riot’s technical indicators turned positive this week, with a bullish MACD and strong buy signal from Williams %R, despite broader market volatility. While the share price remains volatile and presently below key long-term moving averages, the short-term technical momentum suggests potential upward corrections. With an analyst consensus price target nearly double the current trading level, the technical and fundamental backdrop positions RIOT as a candidate for tactical rebounds. Given the increasing sophistication of Irish retail and institutional investors in utilizing technical signals alongside fundamentals, these developments warrant close monitoring as potential catalysts.

This week Riot extended its credit facility with Coinbase to $200 million, substantially strengthening its liquidity profile. Doubling the facility size in May 2025 provides Riot with enhanced financial flexibility to navigate post-halving market dynamics, fund future capital expenditure, and reinforce balance sheet resilience. Such prudential financial management is a positive signal for European investors—particularly in Ireland—where regulatory scrutiny around leverage and capital adequacy for overseas issuers has intensified. This development reassures stakeholders seeking exposure to U.S. digital infrastructure through well-capitalized, operationally robust companies.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.