Riot Platforms (RIOT) is a company whose sole purpose in life is crypto.
As you can see, it tends to correlate quite closely with Bitcoin. As you know, Bitcoin has blown higher by five figures just over the past couple of days. And yet this morning RIOT is…………down!
You can see the spread getting wider and wider.
My point being……….if RIOT can be down on a day when BTC is up by about $5,000, something must be SERIOUSLY wrong underneath the hood.
