Riot Platforms is trading at $19.04 (-4.54%) amid a broad technology-led market pullback.
- Bitcoin is +0.67% since the August 17 close, so crypto weakness is not driving the decline.
- The Nasdaq is down 1.44% and the S&P 500 0.64%; higher yields and Iran-related oil concerns are pressuring risk assets.
- The recent $9.1 billion Anthropic agreement remains supportive but was not a new August 18 catalyst.