Riot Platforms just reported a monumental surge in revenue for the third quarter of 2025, with earnings reaching a staggering $180.2 million – a remarkable doubling from the […]
Riot Platforms Profits Surge, Share Value Soars
Riot Platforms Inc., a leading cryptocurrency mining company, announced unexpected third-quarter profits exceeding $180.2 million, driven by successful Bitcoin mining and data center development. This unexpected financial success […]
Riot Platforms Shifts Focus to Data Centers After Record Bitcoin Mining Revenue
Rio Platforms has announced a shift in strategy, aiming to maximize the value of its megawatts rather than solely focusing on Bitcoin mining. Despite generating record revenues in […]
Riot Platforms Hits New Highs: Records $104 Million Q3 Profit
Bitcoin mining company Riot Platforms has delivered a stellar third quarter, reporting impressive profits and revenue growth. The company’s success highlights the industry’s potential for strong financial performance […]
Riot Platforms’ Price Targets $34 as Focus Shifts to Breakout Above $22
Riot Platforms is currently trading near $21.69, hovering around a tight range defined by support at $20.66 and resistance at $22.47. Charts indicate potential for a breakout above […]
Riot Platforms Achieves 207% Bitcoin Production Surge in August
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 […]