#market-update

#market-update

"Riot mined 450 bitcoin in June, which also represented the start of ERCOT's Four Coincident Peak ("4CP") program," stated the CEO of Riot, Jason Les. "Riot's power strategy, which includes economic curtailment and voluntary participation in the 4CP and other demand response programs, significantly contributes to grid stability while enhancing Riot's competitive positioning."

The U.S. destroyed Iranian nuclear sites, raising the likelihood of retaliation against energy assets and a potential closure of the Strait of Hormuz.

The markets are feeling optimistic today, trading higher across the board on hopes that Middle East tensions won't intensify.