How Riot Platforms Stock Gained 57% In May
Source: Motley Fool
2026-06-04 13:19:22 ET
Shares of Riot Platforms (NASDAQ: RIOT) rose 57.3% in May 2026, according to data from S&P Global Market Intelligence . In a broader sense, the Bitcoin (CRYPTO: BTC) mining and AI data center company has gained a staggering 114% year to date as of June 4.
So last month's move was part of a bigger story. Marketwide enthusiasm about AI computing is pushing Riot higher in 2026. The specific market-moving news in May is a piece of the AI puzzle, too; Riot's stock surged 27% in two days after the announcement of a new power source for future data centers.
Riot is going nuclear (probably, in a few years).
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