RIOT Stocks Gain 14% with Drop in U.S. Inflation Figures

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• Stock of RIOT Platforms, formerly known as RIOT Blockchain rose by 14% yesterday.
• RIOT behaved like a regular cryptocurrency, moving in a similar direction with Bitcoin but at a faster rate.
• Despite rebranding, RIOT Platforms’ businesses remain centered around Bitcoin.

Bitcoin mining firm formerly known as RIOT Blockchain had its stocks rallying yesterday after inflation figures were released in the United States. RIOT was among the top gainers as the stock climbed by more than 14% before the close of the trading session. It moved in tandem, albeit at a faster rate, with the crypto industry’s flagship asset, Bitcoin.

company formerly known as RIOT Blockchain up 14% today

— Sam Ro (@SamRo) January 12, 2023

RIOT rallied faster than Bitcoin, adding as much as 14.52% in valu ...

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