Veeco launches Lumina+ MOCVD system, receives Rocket Lab order
Riot Platforms stock reached a significant milestone, hitting a 52-week high at 20.14 USD. This achievement reflects the company’s robust performance over the past year, with the stock delivering a remarkable 159% return. According to InvestingPro data, the company has shown strong momentum across multiple timeframes, with a 164% surge in the past six months alone. The stock currently trades near its Fair Value, suggesting balanced market pricing. The surge in Riot Platforms’ stock price underscores investor confidence and the company’s strong position in the market. While analysts anticipate sales growth this year, investors should note the stock’s high volatility with a beta of 4.63. This rise to a 52-week high highlights the stock’s upward trajectory and the positive sentiment surrounding the company’s future prospects. InvestingPro subscribers can access 16 additional key insights about RIOT’s performance and valuation metrics.
In other recent news, Riot Platforms reported producing 445 bitcoin in September 2025, which marks a 7% decrease from August but an 8% increase compared to September 2024. The company sold 465 bitcoin during the month, generating $52.6 million in net proceeds at an average price of $113,043 per bitcoin. By the end of September, Riot held 19,287 bitcoin, including 3,300 restricted bitcoin, reflecting an 85% increase from its holdings in September 2024. In a separate development, JPMorgan upgraded Riot Platforms from Neutral to Overweight, citing the company’s significant mining scale and favorable power contracts as key factors for the upgrade. The price target was raised to $19.00 from $15.00. Riot Platforms had previously set a record in August 2025 by producing 477 bitcoin, a 48% increase from the same month the prior year. Additionally, bitcoin-linked stocks, including Riot Platforms, experienced a decline as cryptocurrency prices retreated from recent highs. These developments provide insight into Riot Platforms’ current financial and operational status.
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