Monday, August 10, 2026

Marathon Digital (From Last Week) Is Likely A Solid Proxy For What Riot Platforms Will Post In Losses Tonight...


After a completely inexplicable one week unscheduled delay in loss results. . . finally, the tale will be told by tonight.

But just as its '34 Act company peer Marathon posted a hideous Q2 a few days ago, Riot will likely post the worst quarter in its hapless history, this evening.

It will likely have lost more money this quarter than last quarter -- its prior all-time worst quarter. The stock is off almost 5% on the morning -- and trading with a $19-something handle, now. [Didn't TaTech predict a. . . $50 handle, before it ever hits $10, again?! Heh.] Remind me: is $20 closer to $10. . . than it is to. . . $50?

Hilarious. See you this evening.

नमस्ते

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