The $43B Big Pharma Story is Starting Over-With a New Player
Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.
About Riot Platforms Inc
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.
General
| Name | Riot Platforms Inc |
| Ticker | RIOT |
| Exchange | NASDAQ |
| Sector | Financial |
| Industry | Capital Markets |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 783 |
Highlights
| Analyst Target | 27.56 |
| Market Cap | 6,460,200,000 |
| PE Ratio | 51.59 |
| EBITDA | 508,607,008 |
Share Stats
| Shares Outstanding | 371,120,000 |
| Shares Float | 345,130,000 |
| Shares Short | 58,360,000 |
| Insider Holdings | 651% |
| Institution Holdings | 62.09% |
Highlights
| Analyst Target | 27.56 |
| Market Cap | 6,460,200,000 |
| PE Ratio | 51.59 |
| EBITDA | 508,607,008 |
Valuation
| Trailing PE | 36.48 |
| Forward PE | 20.88 |
| Price/Sales (Trailing 12 Mt.) | 11.07 |
| Price/Book (Most Recent Quarter) | 2.16 |
Earnings
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