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Is Riot Platforms, Inc. (RIOT) A Good Stock To Buy Now?

Is RIOT a good stock to buy? We came across a bullish thesis on Riot Platforms, Inc. on r/ValueInvesting by NicholasAdamsStorm85. In this article, we will summarize the bulls’ thesis on RIOT. Riot Platforms, Inc.'s share was trading at $18.21 as of April 23rd. RIOT’s trailing and forward P/E were 27.24 and 20.88 respectively according to Yahoo Finance.

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Riot Platforms (RIOT) stands out within the Bitcoin mining landscape as more than a generic crypto miner, combining leveraged...