Strategy (MSTR) and Riot Platforms (RIOT) are prominent Bitcoin-focused stocks. Strategy holds 607,770 bitcoins as of July 20, 2025, while Riot Platforms provides infrastructure for Bitcoin mining. Bitcoin’s value has surged past $120,000, driven by institutional adoption and regulatory improvements. The GENIUS Act and pending regulations favor the cryptocurrency market.

President Donald Trump’s executive order on cryptocurrency regulations has boosted Bitcoin adoption. Strategy aims to raise $42 billion through equity and fixed-income securities by 2027. The company benefits from growing software subscription revenues and AI integration. Riot Platforms, on the other hand, focuses on Bitcoin mining infrastructure and expansion projects.

Riot Platforms’ mining operations achieved over 88% uptime in Q1 2025, producing 1,530 Bitcoin. The company holds 19,223 Bitcoin as of March 31, with a 7% year-to-date yield. Riot plans to invest $155.8 million in projects by the end of 2025. Despite their growth, both Strategy and Riot Platforms are currently overvalued.

While Strategy has a diverse business model and solid Bitcoin holdings, Riot Platforms’ heavy reliance on Bitcoin poses risks. Strategy is a Zacks Rank #3 (Hold) company, outperforming Riot Platforms’ Zacks Rank #4 (Sell). In terms of stock performance, Strategy has appreciated 47.2% year-to-date, compared to Riot Platforms’ 37.3%. Strategy’s Price/Book ratio is higher than Riot Platforms’.

For those interested in Bitcoin-focused stocks, Strategy’s disciplined approach and Riot Platforms’ mining infrastructure are key considerations. Both companies show potential for growth, but investors should weigh the risks and growth strategies of each before making investment decisions.

Read more at Nasdaq: Strategy vs. Riot Platforms: Which Bitcoin-Focused Stock Has an Edge?