Riot Platforms is a Bitcoin mining company. Co. has three reportable business segments: Bitcoin Mining, which focuses on maximizing its ability to mine Bitcoin by growing its hash rate to increase its chances of finding cryptographic hashes that create new blocks on the Bitcoin blockchain; Data Center Hosting, which is operated at its Bitcoin mining facility in Rockdale, TX and focuses on providing co-location services for institutional-scale Bitcoin mining companies; and Engineering, which designs and manufacturers power distribution equipment and custom engineered electrical products and also provides electricity distribution product design, manufacture, and installation services. The RIOT YTD return is shown above.
The YTD Return on the RIOT YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether RIOT YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RIOT YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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