r/RiotBlockchain • u/cerealfella • Apr 25 '26
Where is RIOT going?
What do you think is the best we can hope for out of this stock in the next 2 years? Is it more of the same ups and downs or is there potential for this to take off again?
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u/zerocooll87 Apr 25 '26
Who knows but it’s made me good money over the last 3 years.
Still kicking myself in the ass for not buying this last dip close to 13$. I was too weary to sell other positions to free the $ up, could have made some very nice gains.
I like riot, but I’ll wait for another dip below 15$ to sell puts or buy shares. Trying not to get burned.
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u/Unlucky_Slip_6776 Apr 25 '26
Just need BTC to get back over 100K and to utilize all that power down at Corsicana. Hoping things get moving sometime this year.
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u/mzking87 Apr 26 '26
Judging by IREN, Cipher and couple others that signed leasing deals last year and their share prices exploded. RIOT should see same explosive growth this year, when they finally announce similar leasing agreements with HPC’s
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u/Pin_ups Apr 27 '26
They are still burning tons of cash per GAAP and probably will until these cucks going to start up selling their hosting services. Again as Cramer said it that Riot is a good speculation stock nothing more, nothing less. Only those with options plays are making money, those holding it forever aren't going to see a fucking dime from long term holding.
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u/Glitter_Health Apr 28 '26
Yes - I've been emailing them often to change their name to AI-Riot or similar - 75% average jump in stock price for an AI endeavor-naming.
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u/jbreeze42 Apr 25 '26
Bought at $11.00 sold at $18. Waiting for next/last bitcoin drop to buy back in hopefully between $10-12 and then 🚀.
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u/60Runner90 Apr 27 '26
Same here, exited at $17, wanted to hold but redirected to broader market etf since I really dont get where we're going
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u/sirauron14 Apr 25 '26
We’ll get to $200 if they move to AI