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Bernstein: Riot Platforms is best suited to integrate the Bitcoin mining industry

CointimeCointime2024/05/29 12:10
By:Cointime

Brokerage firm Bernstein stated in a research report on Tuesday that Riot Platforms (RIOT) is attempting to integrate the most ambitious Bitcoin mining companies in the field, with the goal of becoming the world's largest publicly traded mining company. The report states that the Colorado-based company has the financial capacity to integrate the mining sector, as it has no debt and has over $1.3 billion in cash and Bitcoin on its balance sheet.

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