Riot Platforms Well-Positioned to Benefit from Bitcoin Halving Event in 2024, Say Wall Street Analysts

• Wall Street sees crypto miner Riot Platforms (RIOT) as a winner from the upcoming Bitcoin halving event in April 2024 • JPMorgan set a $15 price target for RIOT stock, indicating almost 30% upside potential • Riot is expected to significantly boost its Bitcoin mining hashrate capacity in 2024 to 31.5 EH/s • Riot has the lowest Bitcoin production costs in the industry, setting it up for further growth • Multiple Wall Street analysts have recently upgraded RIOT stock with bullish price targets and ratings