AllllSevens
Stock-Market Research, Institutional Trading & Market Inefficiencies
Riot Platforms could be breaking out of a 13-year downtrend, extremely compressed on all timeframes and seeing its largest buy volumes ever. Shares rose 27% on the biggest buy volume since early this year and are attempting to break through the major $21.50-$22.20 zone; the thick volume levels it is entering now will be key. x.com x.comÂ
Riot Platforms is setting up for a breakout as its AI pivot gains power and analyst support. A Terrestrial Energy MOU could provide up to 4GW of nuclear power, AMD doubled its deal to 50MW, and KBW, Clear Street and Jefferies have targets of $37-$38. Miners sold off together as crypto cooled, but Riot is in a falling wedge with buyers stepping in at the 200 EMA. A close above $22.33 opens targets at $24.15, $26.28 and $28.84. x.comÂ
Riot Platforms' $9B, 20-year deal with Anthropic shows demand for AI compute is far from over. The contract is larger than Riot's entire $7.3B value, a direct rebuttal to bears claiming there is no demand. The AI buildout should run until 2028-2029, and free cash flow will arrive ahead of that. x.com x.com x.com x.comÂ
Riot Platforms has needlessly burned more investor capital than almost any bitcoin miner this cycle. It pursued a failed Bitfarms takeover, paid exorbitant executive compensation and bought $500M of bitcoin at $98k in December 2024 only to sell it between $60k and $70k. Per the quoted post, Riot sold 9,665 BTC in the first half of 2026 at an average price of $75,785. x.com x.comÂ
Riot Platforms is positioned for the AI capacity shortage as a power-backed AI data-center developer, having signed a 20-year, $9.1B deal with Anthropic for 191 MW. AI cloud backlogs have passed $150B as large AI companies race to lock in capacity years ahead, and one provider said it could sell out its 2027 capacity at today's terms. x.comÂ
Riot Platforms appears to be shifting toward compute and services rather than pure bitcoin mining, backed by improving financials. A major AI infrastructure investment signals confidence in compute-intensive workloads, and an expanding AMD partnership points to sustained demand for high-performance AI processors; together they suggest the shift. x.comÂ
IREN's shorts stay in control unless it ramps AI-cloud revenue without another dilution wave. Short interest hit 76.0M shares at the June 30 settlement, 24.6% of float and up 20.5M in a month, as the stock fell about 28% between settlements; with days-to-cover only 2.1x, shorts can still cover into any flush. Meta's buildout validates AI compute demand but raises the execution bar for those beneath it. If deployment slips, shorts keep control; only strong fundamentals turn them into fuel. x.comÂ
