We’re Keeping An Eye On Riot Blockchain’s (NASDAQ:RIOT) Cash Burn Rate

We’re Keeping An Eye On Riot Blockchain’s (NASDAQ:RIOT) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.