As bitcoin surges, Riot Blockchain’s stock has risen nearly 1,500% in 2020

Few assets in 2020 have outpaced the gains of bitcoin but the shares of one company have been deftly riding the coattails of the epic resurgence in the No. 1 digital currency, and the rally in ethereum.

Riot Blockchain Inc.
RIOT,
+9.31%
,
once a biotechnology company back in 2017 and now a digital currency miner, has gained nearly 1,500% thus far on the year. Meaning that $1,000 invested in the company at its Dec. 31, 2019 closing price at $1.12 would…


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