Positive context积极背景
Stocks股票 / Financials / RIOT
Riot Platforms Inc · Financials
RIOT US listed · USD美股 · 美元
Financials
Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$13.72
Regular quote常规时段报价
-$1.78 · -11.48%
Extended quote unavailable. Showing the regular quote.盘前盘后报价暂不可用，现显示常规时段报价。
Pre-market盘前
·
52w low52周低 $11.15high高 $29.41
Hold off — timing against you暂缓 — 时机不利
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-10-26截至 2026-10-26
Company news公司新闻
The latest reporting最新报道
One story, with the reporting behind it.将同一事件汇总，保留各来源报道。
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-10-26
Momentum (RSI 14)动量（RSI 14）
25
Oversold超卖区域
vs 50-day average相对50日均线
-31.5% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-29.6% below下方
Long trend down长期向下
Volatility波动率
9th percentile第9百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-10-294
Mixed — beat 1 of last 4 quarters表现不稳 — 近 4 季中 1 季超预期
Post-earnings drift: +10.6% (20d)财报后漂移：+10.6%（20日）
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 -249.2%
Financials财务数据
fiscal years财年Revenue营业收入
$647.4M2025
20202025
5-yr growth5年复合增速 121.7%
Earnings per share每股收益
$-1.952025
20202025
Free cash flow自由现金流
-$774.3M2025
20202025
Operating margin营业利润率
-96.1%
Net margin净利率
-102.4%
FCF margin自由现金流利润率
-88.5%
Balance-sheet quality财务体质 2/8
Return on equity股本回报率 -23%
Watch关注
Leverage杠杆
Current ratio流动比率0.96
Capital allocation资本配置
Stock-based comp股权薪酬$125.7M
Share count change (1y)股数变化（1年）+7.7%
Debt coming due到期债务
FY2024 10-KIn the 12-month bucket following fiscal period end 2024-12-31, it reported $314.0K due — about 6% of its disclosed principal.在财年期末 2024-12-31 之后12个月的区间内，已披露到期本金为 $314.0K，约占其披露本金的 6%。
All maturity buckets are measured from fiscal period end 2024-12-31, not from today.所有到期区间均从财年期末 2024-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$314.0K
Year 2第2年
$343.0K
Year 3第3年
$373.0K
Year 4第4年
$405.0K
Year 5第5年
$443.0K
After year 55年以后
$3.4M
Cash reported at 2025-12-31: $233517000.截至 2025-12-31 披露的现金：$233517000。 At the cash-burn pace reported over 2025-01-01 to 2025-12-31, that cash represented about 3.6 months. This scenario excludes debt payments and future financing.按 2025-01-01 至 2025-12-31 期间披露的现金消耗速度，该现金约对应 3.6 个月。此情景不包括债务偿还与未来融资。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001558370-25-001888, period ending报告期截至 2024-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-10-02T09:11:01.195734+00:00.
6/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Annual period年度区间 2025-01-01 — 2025-12-31 · USD · 10-K · 0001104659-26-022322 · Filed提交日期 2026-03-02.
Cache acquired缓存获取时间: 2026-10-02T09:11:01.195734+00:00 · Evaluated as of评估截至 2026-10-26.
- Reported operating cash flow已披露经营活动现金流: $-572928000
- Reported equipment spending (capex outflow)已披露设备支出（资本开支流出）: $201382000
- Derived free cash flow (operating cash flow minus capex)计算所得自由现金流（经营现金流减资本开支）: $-774310000
Cash is the reported balance at period end. The runway scenario holds this annual cash-flow pace constant and excludes debt payments, restricted-cash adjustments and future financing.现金为期末已披露余额。现金跑道情景假设本年度现金流速度保持不变，不包括债务偿还、受限现金调整与未来融资。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Sector / Theme行业/主题
AI Neoclouds & HPC Hosting theme — #49 of 49 themes「AI 新云与高性能算力托管」主题 — 49 个主题中第 49 位
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
RIOT RSI reached oversoldRIOT RSI进入超卖
Options positioning期权持仓
as of last close截至上一收盘Market makers are net short gamma — price moves may amplify做市商净持有负伽玛，价格波动可能被放大
Expected daily move预期日波动
±6.06%
Expected weekly move预期周波动
±13.56%
25d risk reversal25d风险逆转
-4.8%
Flow:资金流向： $21M premium traded; 0% 0DTE; 41 fresh positions; P/C 0.81; ~leans bearish/hedging (direction approx)成交权利金 $21M；0DTE占0%；41个新建仓；看跌看涨比 0.81；≈偏看跌/对冲（方向近似）
Skew: fear偏斜：避险
Call and put walls are plotted on the Trade levels ladder →看涨/看跌期权墙已标注在「交易点位」阶梯上 →
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$9.5M net (0 buyers, 2 sellers)-$9.5M 净值（0 买家，2 卖家）
Concentrated ownership集中持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| Sachem Head Capital | D | New position新建仓 | 1.6% | 2026-06-30 |
| Egerton Capital | C | New position新建仓 | 0.7% | 2026-06-30 |
| Duquesne Family Office (Druckenmiller) | C | New position新建仓 | 0.4% | 2026-06-30 |
| Starboard Value | B | trimtrim | 6.2% | 2026-06-30 |
Signal history信号历史
engine events引擎事件
NEARING A LOW → DOWNTREND接近低点 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases). Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Oct 16, 2026
RIOT RSI reached oversoldRIOT RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $13.72.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$13.72。
Oct 14, 2026
RIOT RSI reached oversoldRIOT RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $15.10.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$15.10。
Oct 5, 2026
RIOT lost its 200-day averageRIOT 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $19.32.收盘跌破200日均线 — 经典的空头分界线。$19.32。
Oct 5, 2026
RIOT broke down vs the marketRIOT 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $19.32.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$19.32。
Sep 30, 2026
BOTTOMING → UNCONFIRMED TURN筑底中 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Sep 29, 2026
RIOT daily MACD crossed downRIOT 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $21.39.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$21.39。
Sep 28, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Sep 24, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Showing the last 15 of显示最近15条，共 192 signals条信号
Company profile公司档案
Demand chain:需求链： Hyperscaler capex accelerating (+69% YoY to ~$379B) — the demand pool for GPU neocloud capacity云厂商资本开支加速（同比+69%，约 $379B）——GPU 新云算力的需求来源
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
91/100 — stronger than most强于多数
vs market, 3 months相对大盘（3个月）
3/100 — weaker than most弱于多数
vs market, 6 months相对大盘（6个月）
16/100 — weaker than most弱于多数
vs market, 12 months相对大盘（12个月）
26/100 — weaker than most弱于多数
Rank in sector行业内排名
#104 / 220
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -18.7% | -2.0% |
| 1 Month近1月 | -32.6% | +1.5% |
| 3 Months近3月 | -24.9% | +2.9% |
| 6 Months近6月 | -24.2% | +8.0% |
| Year to date年初至今 | -3.1% | +12.6% |
| 1 Year近1年 | -29.8% | +16.8% |
Trading information交易信息
Volatility rank波动率分位
9th pctile
EPS (trailing)每股收益
$-1.78
Off 52-week high距52周高点
-52.2%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $12M | $213M | $259M | $281M | $377M | $647M |
| EPS每股收益 | $-0.30 | $-0.08 | $-3.66 | $-0.28 | $0.34 | $-1.95 |
| Free cash flow自由现金流 | $-19M | $-233M | $-148M | $-161M | $-495M | $-774M |
| Gross margin毛利率 | 48.3% | — | — | — | — | — |
| Net margin净利率 | -104.9% | -3.7% | -196.6% | -17.6% | 29.0% | -102.4% |
| FCF margin自由现金流利润率 | -159.6% | -109.5% | -57.1% | -57.2% | -131.5% | -119.6% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$647M
Net income净利润
$-663M
Operating cash flow经营现金流
$-573M
Total assets总资产
$3.9B
Shareholder equity股东权益
$2.9B
Long-term debt长期负债
$587M
Buybacks股票回购
$4M
Shares outstanding总股本
0.37B
Returns & growth回报与增长
Return on equity股本回报率
-23.2%
Return on assets资产回报率
-16.8%
Debt / assets负债/资产
14.9%
Profit growth利润增速
-706.2%
Asset growth资产增速
0.0%
Accounting quality checks会计质量检查
- Earnings quality: accruals near the peer median盈利质量：应计利润接近同业中位
- Working capital: inventory & receivables lean vs sales营运资本：存货与应收相对销售保持精简
- Capital discipline: share count +373.2% over 6 years (dilution)资本纪律：股本 6 年增加 373.2%（稀释）
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
25
RSI (2-day)RSI（2日）
9
vs 20-day average相对20日均线
-29.8%
vs 50-day average相对50日均线
-31.5%
vs 200-day average相对200日均线
-29.6%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down动能向下
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
98/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Jun 2026 | $-0.68 | $-0.39 | -74.4% |
| Mar 2026 | $-1.44 | $-0.33 | -336.4% |
| Dec 2025 | $-2.03 | $-0.22 | -822.7% |
| Sep 2025 | $0.26 | $-0.19 | +236.8% |
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Options — full detail期权持仓 — 完整明细
Dealer positioning map做市商持仓地图
Put wall看跌期权墙
$12
Upside magnet上方磁吸位
$15
Downside magnet下方磁吸位
$10
Net dealer gamma做市商净伽玛
+$0.0B
Walls and magnets are strikes with heavy open interest — price often slows or gravitates there.期权墙与磁吸位是未平仓集中的行权价 — 价格常在附近减速或被吸引。
Volatility pricing波动率定价
Implied volatility (30d)隐含波动率（30天）
1%
25-delta risk reversal25-delta风险逆转
-4.8%
Call-put IV spread看涨-看跌IV价差
-0.0pp
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| Sachem Head Capital | D | New position新建仓 | 1.6% | $78M |
| Egerton Capital | C | New position新建仓 | 0.7% | $72M |
| Duquesne Family Office (Druckenmiller) | C | New position新建仓 | 0.4% | $21M |
| Starboard Value | B | Trimming减持 | 6.2% | $279M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
4
Buying vs selling买入vs卖出
3 : 1
Quarterly trend季度趋势
{'direction': 'accumulating', 'n_quarters': 6, 'holders_first': 1, 'holders_last': 1, 'holders_delta': 0, 'value_change_pct': 48.7, 'from_period': '2024-12-31', 'to_period': '2026-03-31', 'available_on': '2026-05-16', 'available_on_first': '2025-02-15', 'holders_series': [1, 1, 1, 1, 2, 1]}{'direction': 'accumulating', 'n_quarters': 6, 'holders_first': 1, 'holders_last': 1, 'holders_delta': 0, 'value_change_pct': 48.7, 'from_period': '2024-12-31', 'to_period': '2026-03-31', 'available_on': '2026-05-16', 'available_on_first': '2025-02-15', 'holders_series': [1, 1, 1, 1, 2, 1]}
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$9.5M
Insider buyers vs sellers内部人买家vs卖家
0 : 2
Recent fund flows近期基金流向
Bitwise Crypto Industry InnovatorsBitwise Crypto Industry Innovators
trimming减持
Global X BlockchainGlobal X Blockchain
trimming减持
VanEck Digital TransformationVanEck Digital Transformation
accumulating持续增持
Amplify Transformational Data SharingAmplify Transformational Data Sharing
accumulating持续增持
CoinShares Bitcoin Mining (WGMI)CoinShares Bitcoin Mining (WGMI)
accumulating持续增持
SPDR S&P Software & ServicesSPDR S&P Software & Services
accumulating持续增持
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。