Top Bitcoin CEO Interview | Riot Platforms | Bitcoin Mining Stock Analysis & News Now | Jason Les
Автор: McNallie Money
Загружено: 2024-03-05
Просмотров: 10021
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Top Bitcoin CEO Interview | Riot Platforms | Bitcoin Mining Stock Analysis & News Now | Jason Les
Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance!
Today Anthony Power and I are joined once again by Jason Les who is the CEO of RIOT Platforms Inc., ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners. In addition, it engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; electricity distribution product design, manufacture, and installation services primarily focused on large-scale commercial and governmental customers, as well as a range of markets, including data center, power generation, utility, water, industrial, and alternative energy; operation of data centers; and maintenance/management of computing capacity. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is based in Castle Rock, Colorado. Let me know what you think of Riot Platforms and if you are currently holding any shares of RIOT in the comment section below! 👇
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0:00 Intro
1:40 Earnings Highlights
4:03 Production Efficiency Concerns
8:39 Operational Hashrate
11:38 Power Strategy & PPA
17:57 Self Mining vs. Hosting Costs
27:13 Corsicana Update
33:28 Immersion Cooling
37:02 RIOT Market Cap
40:32 North American Miner Outlook
42:36 $750m ATM Offering
45:49 Future Growth Plans
48:36 Closing Thoughts
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