RIOT has seen some shit throughout the years, I'll spare you the details because they've settled it and now the future is looking bright.
As one of the only, if not only USA publicly traded Bitcoin mining operation out there you would be a fool to not build a position in this company. 2020 they have been ramping up production, and 2021 does not look any different - " Riot has 8,000 S19 Pros scheduled for delivery in equal installments over the first four months of 2021"
With all the news surrounding Microstrat, PayPal, Square, JPM, MassMutual, etc it appears the Bitcoin investment phase in infrastructure is just around the corner backed by some huge funds that want to secure/insure their Bitcoin holdings.
Buy any dips this thing gives us, cause this breakout is going to be HYUGE.
GL :)
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I was so excited about posting this idea I forgot one of the best part. The advisory board this team has put together is insanely bullish for the growth/reputation potential this company is about to see.
Bottom in, moreover, get ready for RIOT and others to guide even better outlook for rest of year/2022 with all the hash they absorbed from China shut down.
Better revenue/more Bitcoin on the books.
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This is the end of the dip/consolidation, last chance to get in.
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Looking across the Bitcoin mining space, RIOT is now grossly undervalued. Big move coming me thinks.