CASTLE ROCK, Colo., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers for high performance compute and bitcoin mining applications, announces unaudited production and operations updates for July 2025.
Riot Platforms remains highly dependent on Bitcoin mining, with 92% of Q2-25 revenue from BTC despite efforts to diversify. Profitability is weak: positive net income was solely due to BTC revaluation; core operations are unprofitable even with high BTC prices. The company shifted from HODLing to selling most mined BTC in Q2, signaling possible industry stress and the need to fund data center e...
Riot Platforms, Inc. (NASDAQ:RIOT ) Q2 2025 Earnings Conference Call July 31, 2025 4:30 PM ET Company Participants Colin M. Yee - Executive VP & CFO Jason Chung - Executive VP and Head of Corporate Development & Strategy Jason Les - CEO & Executive Director Philip James McPherson - VP of Capital Markets & Investor Relations Conference Call Participants Brett Anthony Knoblauch - Cantor Fitzgeral...
Riot Reports $219.5 million in Net Income and $495.3 million in Adjusted EBITDA Riot Reports $219.5 million in Net Income and $495.3 million in Adjusted EBITDA
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Ethereum surged over 5% on Thursday to $3,432, leading gains in the cryptocurrency market as institutional interest in the blockchain platform intensified, reinforcing its status as a yield-generating digital asset. The world's second-largest cryptocurrency has jumped 36% in the past month to its highest level since January, outpacing Bitcoin, which traded flat at just above $118,000 after hitt...
CASTLE ROCK, Colo., July 17, 2025 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers for high performance compute and bitcoin mining applications, announced today that it has scheduled its second quarter 2025 earnings conference call for Thursday, July 31, 2025, at 4:30 P.M. EST. Duri...
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