Riot Platform mined 1,530 BTC, earning 161 million USD in Q1.

TinTucBitcoinOfficial · 2025-05-02T04:14:51+00:00

Riot Platform announces Q1 financial report with revenue of $161.4 million and mining production growth of 12.1%, holding 19,223 BTC worth approximately $1.6 billion. The positive growth reflects strength in the competitive cryptocurrency mining market.

TinTucBitcoinOfficial

2025-05-02 04:14:51

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Riot Platform Announces Q1 Financial Report

Riot Platform, a cryptocurrency mining company listed on Nasdaq, has announced its Q1 financial report with revenue reaching $161.4 million. The mining output grew by 12.1% compared to the same period last year, reaching 1,530 BTC compared to 1,364 BTC.

Total Bitcoin Reserves

Riot currently holds 19,223 BTC, equivalent to approximately 1.6 billion USD. This is a significant step in the context of the volatile cryptocurrency market.

Important Notice

This information is provided for market purposes only and should not be considered investment advice.

Conclusion

Riot’s revenue and production growth demonstrates strength in the highly competitive cryptocurrency mining market.

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