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Riot Platforms Revenue Jumps 34% Amid BTC Halving Challenges

Summary by cryptotale.org

Riot Platforms’ revenue rose 34% in 2024, driven by strong Bitcoin mining gains. The company is exploring AI/HPC ventures for its Texas facility with 60MW unused power. The report came at a time when the BTC hash rate had touched an ATH on February 10. Riot Platforms delivered strong financial results for fiscal year 2024, reporting total revenue of $376.7 million, a 34% increase from $280.7 million in 2023. The Bitcoin mining company achieved t…

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Riot Platforms Revenue Jumps 34% Amid BTC Halving Challenges

Riot Platforms’ revenue rose 34% in 2024, driven by strong Bitcoin mining gains. The company is exploring AI/HPC ventures for its Texas facility with 60MW unused power. The report came at a time when the BTC hash rate had touched an ATH on February 10. Riot Platforms delivered strong financial results for fiscal year 2024, reporting total revenue of $376.7 million, a 34% increase from $280.7 million in 2023. The Bitcoin mining company achieved t…

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cryptotale.org broke the news in 15 days ago on Tuesday, February 25, 2025.

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