Riot Platforms stock gains 1.81 percent as Bitcoin mining expands
Published on 09/22/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Riot Platforms, Inc. (ISIN US7665471066) closed at USD 24.18 on Nasdaq on September 21, 2026, up 1.81 percent from the previous close. The move followed a quarter in which revenue reached USD 70.6 million, up 19 percent year over year, while the company continued building its data center business.
Revenue rises in Q2 2026
According to Yahoo Finance on September 21, 2026, Riot reported USD 70.6 million of total revenue in the second quarter of 2026, representing a 19 percent increase from the same quarter a year earlier. Adjusted EBITDA was USD 47 million, and Bitcoin production reached 1,567 coins during the quarter.
The operating comparison is important because the latest market estimates cited by Yahoo Finance on September 21, 2026, projected quarterly revenue of USD 162.75 million and adjusted earnings per share of negative USD 0.33 for the upcoming release. The different reporting periods make the timing of the comparison material: Q2 actual revenue was USD 70.6 million, while the cited estimate concerns a later quarter.
Bitcoin holdings add balance sheet exposure
Riot held 19,211 Bitcoin at the end of Q2 2026, according to Yahoo Finance. That holding gives the company a balance-sheet asset tied directly to Bitcoin prices, while the data center strategy adds an operating avenue beyond mining revenue.
The market data also show a wide valuation and volatility range. Riot's 52-week range was USD 11.50 to USD 30.32, and its market capitalization was approximately USD 8.9 billion as of September 18, 2026. The stock was therefore USD 6.14 below the reported 52-week high at the September 21 close, a gap of about 20.3 percent based on the cited figures.
Stock remains highly volatile
Riot stock has gained 87.5 percent in 2026 and 34.76 percent over the previous year as of September 18, 2026, according to AAII. The same source reported trailing twelve-month revenue of USD 674.5 million and a net profit margin of negative 196.3 percent as of September 18, 2026, highlighting the contrast between share-price performance and continuing bottom-line pressure.
Nasdaq close sets the reference point
Riot Platforms stock closed at USD 24.18 on Nasdaq on September 21, 2026, with the latest reported session change at plus 1.81 percent. The combination of 19 percent year-over-year Q2 revenue growth and a negative 196.3 percent trailing net profit margin leaves revenue expansion and profitability as separate measures for assessing the business.
Riot Platforms stock data
- Company: Riot Platforms, Inc.
- ISIN: US7665471066
- Ticker: RIOT
- Trading venue: Nasdaq
- Price as of September 21, 2026: USD 24.18
- Daily change: 1.81 percent on September 21, 2026
- Market capitalization: approximately USD 8.9 billion as of September 18, 2026
- Sector / Industry: Information technology / Application software and digital asset infrastructure
- Index membership: Nasdaq-listed stock
