Ark Invest CEO Cathie Wood has reiterated her long-term price target of $500,000 for Bitcoin. This might be optimistic. However, there is no doubt that Bitcoin adoption has been increasing, with participation from individual and institutional investors. In the unregulated space, having a cryptocurrency portfolio might seem like a good idea. At the same time, there are listed companies that provide proxy-exposure to the world of cryptocurrencies. Riot Blockchain (RIOT) is a Bitcoin miner, and one of the more interesting names among cryptocurrency stocks. RIOT stock has been trending lower in the last six-months, with a correction of 47.6%.
https://www.tipranks.com/news/article/riot-blockchain-stock-appears-poised-for-a-rally?utm_source=advfn.com&utm_medium=referral
Riot Blockchain (NASDAQ:RIOT)
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Riot Blockchain (NASDAQ:RIOT)
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From Dec 2020 to Dec 2021 Click Here for more Riot Blockchain Charts.