Latest News and Articles about Riot Platforms
Riot Platforms Q2 2025 Earnings Smash Records, Outpace Marathon Digital
Riot Platforms Crushes Q2 2025 Earnings, Leaves Marathon Digital in the Dust Riot Platforms, a titan in Bitcoin mining, has just unleashed a financial juggernaut with its Q2 2025 earnings, posting record-breaking numbers that make rival Marathon Digital look like a lightweight. The Colorado-based firm reported a net income of $219.5 million for the quarter […]
Read MoreCrypto Stocks Soar on Iran-Israel Ceasefire as New Tokens Spark Hype and Skepticism
Crypto Stocks Surge on Shaky Iran-Israel Ceasefire While New Projects Stir Hype and Doubt A fragile ceasefire between Iran and Israel, brokered by the U.S., has sparked a sharp rally in crypto stocks, with heavyweights like Coinbase and Riot Platforms posting double-digit gains in a matter of hours. As geopolitical tensions take a brief pause, […]
Read MoreRiot Platforms Boosts Bitcoin Mining with $200M Coinbase Credit Facility
Riot Platforms Expands Bitcoin Mining with $200M Coinbase Credit Facility Riot Platforms, a leading U.S.-based Bitcoin mining company, has upsized its credit facility with Coinbase Credit from $100 million to $200 million, using its Bitcoin holdings as collateral. This strategic move aims to support initiatives such as purchasing new Bitcoin miners and enhancing renewable energy […]
Read MoreRiot Platforms Sells Record 475 BTC in April to Fund Growth
Riot Platforms Sells 475 BTC in April: Largest Single-Month Liquidation in Bitcoin Mining History Is selling Bitcoin the new normal for miners? Riot Platforms, a titan in the Bitcoin mining industry, made waves by selling 475 BTC in April, marking the company’s largest single-month liquidation to date. This bold move was driven by strategic financial […]
Read MoreRiot Platforms Sells $38M in BTC to NYDIG Amid Bitcoin ETF Inflows
Riot Platforms Sells $38 Million in BTC: Navigating the Balance Between Operations and Confidence Riot Platforms, a North American Bitcoin mining giant, recently sold 475 BTC for $38.8 million to the institutional crypto custodian NYDIG, alongside an additional 12 BTC from their reserves. These transactions have sparked curiosity and speculation within the crypto community, raising […]
Read MorePierre Rochard Debunks “Better Bitcoin” Myth at Policy Summit
Riot Platforms’ Pierre Rochard Argues Against the Possibility of a “Better Bitcoin” At a recent Bitcoin Policy Institute event in Washington, D.C., the debate over Bitcoin’s future ignited as industry leaders clashed over its significance and the potential for a superior alternative. Michael Saylor, CEO of MicroStrategy, underscored Bitcoin’s crucial role in America’s global standing, […]
Read MoreRiot Platforms Surges to $109.4M Profit in 2024, Eyes AI and HPC Expansion
Riot Platforms Turns the Tables: From Loss to $109.4M Profit in 2024 Riot Platforms, a leading Bitcoin mining company, turned a significant corner in 2024, posting a net profit of $109.4 million after a $49.4 million loss the previous year. Their total revenue surged by 34% to $376.7 million, driven by a near doubling of […]
Read MoreRiot Platforms Eyes Hyperscaler Shift Amid Starboard’s Call for Strategic Overhaul
Riot Platforms Faces Strategic Overhaul as Starboard Advocates Shift to Hyperscalers Riot Platforms, a significant player in the Bitcoin mining sector, finds itself at a crossroads. Despite boasting an impressive 16,728 Bitcoins and a 1 GW mining capacity, the company is underperforming in the stock market. Starboard Value, an activist investor renowned for its aggressive […]
Read MoreMARA Buys $1.53B in Bitcoin, Boosting Total Reserves Amid Industry-Wide Accumulation Trend
Bitcoin Mining Giant MARA Acquires $1.53 Billion in Bitcoin as Industry Leaders Expand Reserves In a strategic move that underscores the confidence of major players in the cryptocurrency market, Bitcoin mining heavyweight MARA has acquired 15,574 Bitcoins, valued at an astonishing $1.53 billion. This acquisition significantly boosts MARA’s total Bitcoin holdings to 44,394 BTC, now […]
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