Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets
Riot Platforms earns a double upgrade amid its AI pivot as JPMorgan and Citi raise price targets, validating the miner’s strategic shift and boosting investor confidence.
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Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Riot Platforms has achieved a post-halving milestone in Bitcoin production, showcasing a significant increase in output. The company’s expansion into artificial intelligence capabilities underscores its commitment to innovation in the evolving cryptocurrency landscape.
RIOT PLATFORMS AND TEXAS BITCOIN COUNCIL SEEK INJUCTION AGAINST EIA SURVEY
In a recent development, Riot Platforms and the Texas Bitcoin Council have filed a lawsuit against the Energy Information Administration (EIA) to prevent it from collecting information on the bitcoin mining industry. The lawsuit claims the EIA lacks the authority to conduct such a survey, calling it an “unlawful power grab.” The outcome of this legal challenge could significantly impact the regulation of the cryptocurrency industry.