Bitcoin Miners Dominate Tuesday’s 10 Best-Performing Stocks

6. Riot Platforms Inc. (NASDAQ:RIOT)

Riot Platforms saw its share prices jump by 13.20 percent on Tuesday to finish at $7.12 apiece as investors gobbled up shares in the company following the jump in Bitcoin prices.

RIOT traded higher alongside its Bitcoin-mining peers after the cryptocurrency asset retested the $91,000 level amid stock market volatility and weakness in the US dollar.

In a statement earlier this month, the company said it would announce the results of its first quarter earnings performance after market hours on May 1, 2025.

Last year, RIOT achieved a net income of $109.4 million and a 34-percent increase in revenues at $376.7 million from $280.7 million in the same period a year earlier.

Total Bitcoin mining revenues stood at $321 million for the year, compared with only $189 million in 2023, primarily driven by higher average Bitcoin prices and an increase in operational hash rate, partially offset by an increase in network difficulty and the block subsidy ‘halving’ event.