---
title: "U.S. stock market update: Riot Platforms up 8.96%"
description: "Riot Platforms rose 8.96%; Palantir Tech rose 3.19%, with a trading volume of USD 9.093 billion; Strategy rose 6.21%, with a trading volume of USD 2.788 billion; BitMine Immersion Tech rose 14.08%, wi"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/254210599.md"
published_at: "2025-08-22T15:47:53.000Z"
---

# U.S. stock market update: Riot Platforms up 8.96%

> Riot Platforms rose 8.96%; Palantir Tech rose 3.19%, with a trading volume of USD 9.093 billion; Strategy rose 6.21%, with a trading volume of USD 2.788 billion; BitMine Immersion Tech rose 14.08%, with a trading volume of USD 2.385 billion; SAP rose 1.08%, with a market capitalization of USD 316.9 billion

**U.S. Stock Market Midday Update**

Riot Platforms rose 8.96%, with increased trading volume. Based on recent important news:

1.  On August 20, Riot Platforms sold over 11.1 million shares of Bitfarms stock, totaling approximately $15.1 million, reducing its stake to below 5%, alleviating market concerns about its financial condition, and driving the stock price up.
    
2.  On August 22, analysts set an average target price of $17.58 for Riot Platforms, reflecting market confidence in its future growth, which pushed the stock price higher.
    
3.  On August 22, despite some investors holding a bearish outlook, long-term investors still view Riot as a potential stock, resulting in positive market sentiment.
    

**Stocks with High Trading Volume in the Industry**

Palantir Tech rose 3.19%, with a trading volume of $9.093 billion. Based on recent key news:

1.  On August 21, Palantir's stock price rebounded after six consecutive days of decline, with short covering driving the stock price up by 3.19%.
    
2.  On August 20, analysts pointed out that Palantir's high valuation and overly optimistic market expectations led to increased stock price volatility.
    
3.  On August 19, Fujitsu signed a new AI platform licensing agreement with Palantir, enhancing market confidence in its long-term growth.
    

Strategy rose 6.21%, with increased trading volume. Based on recent important news:

1.  On August 19, Strategy acquired 430 bitcoins, valued at approximately $51.4 million, driving the stock price up by 6.21%.
    
2.  On August 20, Strategy adjusted its financing policy to allow stock issuance when the value of bitcoin holdings is below 2.5 times, increasing market flexibility.
    
3.  On August 21, analysts expressed concerns about Strategy's bitcoin strategy, believing it could lead to market volatility.
    

BitMine Immersion Tech rose 14.08%, with a trading volume of $2.385 billion. Based on recent key news:

1.  On August 19, BitMine Immersion Technologies announced that its Ethereum holdings increased from $4.96 billion a week ago to $6.612 billion, driving the stock price up by 14.08%.
    
2.  On August 19, Jinse Finance reported that BitMine's cryptocurrency holdings ranked second globally, second only to Strategy, further boosting market confidence.
    
3.  On August 17, institutional investors expressed interest and support for BitMine's cryptocurrency holdings, increasing positive sentiment towards the company **Stocks Ranked Among the Top by Market Capitalization in the Industry**
    

SAP rose 1.08%, with a market capitalization of $316.9 billion. Based on recent important news:

1.  On August 20, SAP's stock price experienced a double-digit correction after second-quarter results slightly missed expectations, primarily due to a minor decline in revenue caused by foreign exchange impacts. Analysts believe that SAP has a strong moat, almost unaffected by the "software is dead" rhetoric, and expect a 25% upside in stock price over the next 12 months.
    
2.  On August 19, a Goldman Sachs report pointed out that the SaaS industry is facing renewal pressure, and AI revenue contribution has become a key validation signal. SAP needs to prove that its AI products can generate incremental revenue to maintain market confidence.
    
3.  On August 19, intelligent AI tools have lowered development barriers, driving industry transformation. SAP needs to make progress in overcoming obstacles to AI applications to remain competitive

### Related Stocks

- [RIOT.US - Riot Platforms](https://longbridge.com/en/quote/RIOT.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| BREAKINGVIEWS-稳定币巨头是加密货币领域的脆弱基础 | Tether，全球最大的稳定币 USDT 的发行者，尽管面临监管挑战和市场波动，仍展现出韧性。其市值达到 1840 亿美元，主导着与美元挂钩的数字货币。然而，由于其股权缓冲减少，风险资产在其储备中所占比例增大，其财务稳定性受到质疑。如果市场 | [Link](https://longbridge.com/en/news/276411736.md) |
| 特朗普支持的 American Bitcoin 在精英企业加密货币圈中获得一席之地 | 美国比特币公司（American Bitcoin Corp）由埃里克·特朗普（Eric Trump）支持，已积累了 6,039 个比特币，使其在全球企业比特币国库中排名前 20。尽管通过挖矿和购买迅速积累了比特币，该公司的股票自纳斯达克上市 | [Link](https://longbridge.com/en/news/276360652.md) |
| 沃尔玛四季度财报超预期但盈利指引不及预期，CEO 称 “美国低收入家庭只能勉强维持生计” | 沃尔玛 Q4 营收超预期，新财年盈利指引（每股 2.75-2.85 美元）远低于市场预期的 2.96 美元，显示通胀压力下消费者支出不确定性犹存，拖累股价下跌 1.38%。财报印证 K 型” 分化：高收入家庭驱动增长，低收入群体 “钱包吃紧 | [Link](https://longbridge.com/en/news/276398633.md) |
| 谷歌突然发布 Gemini 3.1 Pro：核心推理性能直接翻倍 | 谷歌发布了最新的大模型 Gemini 3.1 Pro，其推理性能较去年发布的 Gemini 3 Pro 翻倍。在 ARC-AGI-2 评测中，Gemini 3.1 Pro 得分 77.1%，显示出强大的推理能力。新模型支持多源数据综合和复杂 | [Link](https://longbridge.com/en/news/276396515.md) |
| GRAIL｜8-K：2025 财年 Q4 营收 43.6 百万美元超过预期 |  | [Link](https://longbridge.com/en/news/276379877.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.