One CEO says Bitcoin is heading to $100 trillion, but it hasn't gotten any closer over the last few days.
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Riot Blockchain, Inc
News & Analysis: Riot Blockchain, Inc
This Bitcoin miner amplified Bitcoin's price swings as usual, with a bit more emphasis on the drop.
Today's news, however, is insignificant compared to what's coming in a couple weeks.
Bitcoin jumped this week and pulled the entire crypto market with it.
The all-American Bitcoin miner tends to magnify whatever is going on in the cryptocurrency market. That was generally bad for the stock in the spring of 2021.
Analysts were loving its deal with a fintech company, its mining update, and a recent acquisition.
The company is giving up a stake in a cryptocurrency exchange and gaining a stake in a publicly traded fintech company.
The Bitcoin miner was falling along with cryptocurrency prices last month.
Analysts like Riot bringing power generation in-house.
These investments seem pretty vulnerable right now.