From Yahoo Finance: 2025-06-07 14:40:00

Riot Platforms, Inc. (NASDAQ:RIOT) saw its share prices surge by 9.57 percent to $9.85 on Friday, following Bitcoin’s rally. The company announced it mined 514 Bitcoins last month, a 139 percent increase from the same period last year. Riot Platforms also acquired 355 acres of land for data center development. CEO Jason Les stated plans to add more land parcels to support hyperscale and enterprise tenants. Despite RIOT’s ranking as 8th on the list of best-performing stocks, some believe AI stocks offer greater potential returns with limited risk. Bitcoin prices are up by 2.78 percent, currently at $104,434.90 apiece.



Read more at Yahoo Finance: Why Riot Platforms, Inc. (RIOT) Soared On Friday