Top 9 AI Ratings and News Updates on Wall Street’s Radar

7. Riot Platforms Inc. (NASDAQ:RIOT)

Number of Hedge Fund Holders: 38

Riot Platforms Inc. (NASDAQ:RIOT) is a Bitcoin mining and digital infrastructure firm that manages Bitcoin mining data centers and electrical switchgear fabrication operations across the US.

On March 21st, Roth MKM highlighted that although Bitcoin mining remains Riot Platforms Inc.’s (NASDAQ:RIOT) core revenue driver, the company sees major upside in high-performance computing on the surging demand for AI training and inference. The brokerage highlighted that the company is actively expanding into the HPC segment to capitalize on higher-value opportunities beyond crypto mining operations. Analysts added that Riot Platforms Inc. (NASDAQ:RIOT) views Corsicana as a strategic site for a 600MW HPC build, expected to be operational in multiple phases in 2026 and beyond. Roth MKM maintained a “Buy” rating on the stock with a 12-month target price of $20 per share.