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RIOT - Digihost Technology: Bullish On Emerging Bitcoin Miner Generating Big Revenue
March, 16 2021 11:43 AM
Riot Blockchain Inc
Digihost Technology is a bitcoin miner with a facility in Buffalo, New York attached to a power substation. The company reported mining 35 bitcoins in February implying an annualized revenue run rate of over $23 million at current prices. We like the stock given its relative value compared to larger bitcoin mining peers and see it benefiting from the ongoing crypto bull market. For further details see:
Digihost Technology: Bullish On Emerging Bitcoin Miner Generating Big Revenue
Stock Information
Company Name:
Riot Blockchain Inc
Stock Symbol:
RIOT
Market:
NASDAQ
Website:
riotblockchain.com
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