Riot Platforms tapped on its Bitcoin holdings to secure and upsize the credit facility. Bitcoin mining in the United States has helped …
Riot
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Mining
Riot Platforms Sells $44 Million in Bitcoin Amid Mining Industry Headwinds
by shayaanby shayaanRiot Platforms sold $38.8 million worth of Bitcoin in April, as the second-largest publicly traded Bitcoin miner by market capitalization moves to …
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Riot Platforms (NASDAQ: RIOT) produced 463 Bitcoin in April 2025, down 13% from March but up 23% year-over-year, according to its latest …
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Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its $79.3 million revenue from …
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Smart Contracts
Riot Platforms Posts Mixed Q1 Results as Effects of Bitcoin Blockchain’s “Halving” Linger
by shayaanby shayaanIn short -Riot platforms reported mixed win results for the first quarter of 2025. -The company clocked $ 161.39 million in the …
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Mining
Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase loan
by shayaanby shayaanBitcoin miner Riot Platforms has entered into a $100 million credit agreement with Coinbase, using its BTC holdings as collateral. According to …
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Bitcoin (BTC) miner Riot Platforms (RIOT) has struck a $100 million credit agreement with Coinbase’s credit arm, using bitcoin as collateral to …
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Mining
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
by shayaanby shayaanRiot Platforms (RIOT) reported strong operational performance in March 2025, highlighted by continued expansion into the artificial intelligence (AI) and high-performance computing …
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Riot Platforms mined 470 Bitcoin in February 2025, marking a 12% year-over-year increase despite an 11% drop from January. Riot continues strengthening …
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Mining
Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to ‘prepare for future downturns’
by shayaanby shayaanRiot Platforms’ VP of Research, Pierre Rochard, yesterday testified before the Texas Senate Committee on Business and Commerce in support of Senate …