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Riot

Exchange Review August
Crypto Trends

Bitcoin (BTC) Miner Riot Platforms (RIOT) Upgraded

by admin September 27, 2025



Riot Platforms (RIOT) picked up back-to-back upgrades from Wall Street on Friday, with JPMorgan and Citigroup both raising their outlooks on the bitcoin miner amid changing industry economics and a shift toward high-performance computing.

JPMorgan boosted Riot to overweight from neutral and raised its price target to $19 from $15, calling it the most attractive among its mining peers. Citi upgraded to buy from neutral and lifted its price target to $24 from $13.75. Both firms pointed to Riot’s pivot into artificial intelligence and cloud services as a potential growth driver as mining profits tighten. Riot was modestly outperforming a sharply lower sector on Friday, declining “just” 1.2% to $16.55.

Alongside its upgrade of RIOT, JPMorgan downgraded the previously very hot-handed IREN to underweight from neutral. Shares are down 9.7% on Friday, but still higher by 300% year-to-date. CleanSpark (CLSK) was cut to neutral and it’s lower by 9.3% Friday and higher by 34% year-to-date.

The bank maintained its buy rating on Cipher Mining (CIFR), and doubled its price target to $12 from $6. The shares were 3.5% lower to $11.20 at publication time.

MARA Holdings (MARA) was kept at overweight, with a reduced price objective of $20, down from $22. The stock was 1% lower around $15.90 in early trading.

JPMorgan’s analysts are assigning a 50% probability that Riot, Cipher, and IREN each secure near-term high performance computing (HPC) colocation agreements, using Core Scientific’s (CORZ) 800 MW CoreWeave (CRWV) deal as a benchmark. The bank values HPC colocation contracts at $3.7 million to $8.6 million per gross megawatt (MW).

Read more: Bitcoin Mining Profitability Fell in August, Jefferies Says



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September 27, 2025 0 comments
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HUT, BITF, CIFR, RIOT, IREN Among BTC Miner Big Gainers
NFT Gaming

HUT, BITF, CIFR, RIOT, IREN Among BTC Miner Big Gainers

by admin September 9, 2025



Crypto mining stocks jumped on Tuesday after Nebius Group announced a five-year agreement to supply Microsoft (MSFT) with graphic processing units valued at $17.4 billion.

The deal, aimed at bolstering Microsoft’s artificial intelligence infrastructure, sparked investor enthusiasm for companies with large-scale computing power, bitcoin miners among them.

Read more: CoreWeave Shares Gain 4.5% After Launch of VC Arm Targeting AI Startups

The rally in mining shares came even as bitcoin BTC$111.186,70 itself gave up an early advance and declined by about 1% to $111,100 over the past 24 hours. The contrast underscored how investor attention is increasingly tied to the role mining infrastructure could play in the AI boom rather than just bitcoin’s price action.

Leading was a 22% gain for Bitfarms (BITF), while shares of Cipher Mining (CIFR) rose 20%. IREN (IREN), Hut 8 (HUT), Riot Platforms (RIOT) and TeraWulf (WULF) were up mid-teens percentages.

Interestingly, the weakest sector performer was MARA Holdings, which in recent months has positioned itself as more of a bitcoin treasury company, rather than high performance computing player. Shares of MARA were higher by just 4% on Tuesday.

The outsized moves reflect the industry’s shifting reality. For years, mining profitability was largely dictated by bitcoin’s four-year halving cycle, when block rewards are cut in half. That rhythm no longer dominates, leaving companies exposed to surging power costs, relentless hardware production, and intensifying competition. Hardware makers like Bitmain continue to expand, adding pressure to an already crowded field.

At the same time, AI is reshaping the business model. Miners with large energy footprints and advanced computing infrastructure are exploring ways to lease capacity to hyperscalers or pivot toward data center services. The Nebius-Microsoft deal highlighted how valuable GPU access has become and why markets are rewarding miners with scalable infrastructure.



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September 9, 2025 0 comments
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2XKO's next character has been revealed early on the Riot Games support website
Game Updates

2XKO’s next character has been revealed early on the Riot Games support website

by admin August 27, 2025


The next character in Riot Games’ upcoming 2v2 fighting game – 2XKO – has been leaked on the official Riot Games support website. We’re going to say who they are in following paragraphs, heads up.

Art for the Blitzcrank was spotted by keen-eyed fans early this morning for the 2XKO, front and centre as both the the star of the banner at the top of the dedicated 2XKO page, as well as the character used on the 2XKO widget when browsing the wider Riot Games support website.

As of writing the art is still live on the support website. Blitzcrank would be the ninth character to come to 2XKO, though no word on when he’ll be implemented has been announced, officially or otherwise.

Here’s the Vi gameplay reveal for 2XKOWatch on YouTube

2XKO is set to launch into closed beta on 9th September, marking the end of a lengthy development journey. In recent months, online sentiment around the game has been tinged somewhat due to a demand for a wider variety of weirder characters. Blitzcrank, a big goofy robot, certainly fits the freakier category.


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There’s a hint of irony here, given one of League of Legends’ most legendary support champions being revealed early via the support website. As for when we’ll see Blitzcrank revealed properly? Well, one would hope that with official Riot Games websites locked and loaded with official assets, it could be around the corner, but that’s entirely speculation. Who knows, maybe he’ll be a surprise addition to the closed beta?

What do you think of Blitzcrank? Let us know.



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August 27, 2025 0 comments
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