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 average annual return since 2017 is shown above.
The Average Annual Return on the RIOT average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether RIOT average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized 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 average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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