Cryptocurrency mining company Riot Platforms has set a remarkable milestone, achieving a staggering 477 BTC mined in August. This represents a significant 207% increase compared to the previous […]
Riot Platforms Sheds Bitfarms Stake in Strategic Move
Riot Platforms, a major player in the Bitcoin mining industry, has sold over 11.1 million shares of rival miner Bitfarms for $15.1 million. This strategic divestment represents a […]
Riot Platforms Sells 475 BTC, Signaling Shift in Mining Strategy
The crypto mining industry experienced significant activity throughout May. From major players’ strategic moves to new hardware launches, these developments are shaping the sector’s trajectory. In a notable […]
Riot Platforms Downs Stakes in Bitfarms After Investment Review
Riot Platforms, a prominent U.S.-based Bitcoin mining company, recently offloaded 1.75 million shares of Bitfarms on June 9th. The sale generated approximately $1.58 million at an average price […]
Riot Platforms Doubles Credit Facility with Coinbase to $200 Million
Cryptocurrency mining company Riot Platforms has significantly expanded its credit facility with Coinbase Credit, increasing the agreement to $200 million from its previous $100 million arrangement. This expansion […]
Riot Platforms Shifts Strategy: Sells 475 BTC for Growth
Riot Platforms, a leading Bitcoin mining company, recently executed its first significant Bitcoin sale in over a year. The sale of 475 BTC was strategic, aiming to fund […]
Riot Platforms Records Record Revenue in Q1 2025: Driven by Bitcoin Mining Growth
Riot Platforms achieved record revenue in the first quarter of 2025, primarily fueled by a surge in Bitcoin mining revenues. The company generated $142.9 million from Bitcoin mining […]
Riot Platforms Records High Revenue but Sees Net Loss Due to Rising Mining Costs
Bitcoin mining firm Riot Platforms reported record-breaking revenue of $161.4 million for the first quarter of 2025, a surge of 50% year-over-year. Despite this success, the company experienced […]
Riot Platforms Sees Revenue Surge Amidst AI Shift, Facing Financial Pressures
Riot Platforms has reported significant revenue growth in Q1 2025, with a 103.5% jump to $161.4 million. However, the company also announced substantial net losses, driven by increased […]
Riot Platforms Reports Highest Revenue Quarter Despite Q1 Loss
Despite achieving its highest-ever quarterly revenue, Riot Platforms reported a loss in the first quarter of 2025. The Bitcoin mining company attributed this loss to increased mining costs […]
Riot Platforms Drives Bitcoin Production Surge by 12% in Q1 2025
Riot Platforms has achieved significant growth in Bitcoin production, reporting a 12% increase in the first quarter of 2025. This boost reflects the company’s dedication to operational efficiency […]
Riot Secures $100 Million Credit Line from Coinbase
Riot Platforms has secured a substantial credit line of $100 million from Coinbase, a prominent player in the cryptocurrency exchange space. This loan is backed by Bitcoin, reflecting […]
Riot Platforms Secures $100 Million Bitcoin Loan to Fuel Growth
Bitcoin mining giant Riot Platforms has secured a groundbreaking $100 million credit facility from Coinbase, using a portion of its Bitcoin holdings as collateral. This innovative arrangement marks […]
Riot Platforms Sees Massive Bitcoin Production & Doubles BTC Holdings Amid AI Expansion
Crypto giant Riot Platforms has reported impressive results in March, significantly boosting their Bitcoin mining output and accumulating a colossal 19,223 BTC holdings. This surge comes as the […]
Riot Platforms Nearing Breakout: Could Surge Above $19 or Drop Below $7?
Riot Platforms (RIOT) is on the verge of a significant price breakout. The stock is currently trading at $10.46, close to breaking past the $19 level and potentially […]