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Riot Platforms (RIOT) is back in focus after crypto related stocks climbed 4% to 6% following the U.S. and Iran agreement to ease tensions and reopen the Strait of Hormuz, which lifted sentiment around Bitcoin exposure.

See our latest analysis for Riot Platforms.

The recent crypto driven bounce sits on top of strong existing momentum, with a 90 day share price return of 81.27% and a year to date gain of 87.92%. The 1 year total shareholder return of 161.65% contrasts with a weaker 5 year total shareholder return, suggesting sentiment has strengthened more recently than over the longer run.

If this crypto…