Riot Platforms Secures Record Revenue in 2024

Bitcoin mining giant Riot Platforms achieved record-breaking revenue for 2024, according to Foresight News. This significant milestone was driven by a surge in mining income. The company’s total revenue reached $376.7 million for the year, showcasing a remarkable 34.2% increase compared to the previous year. Riot’s net income also saw a positive turnaround, expanding to $109.4 million – a dramatic shift from a net loss of $49.4 million in 2023.