Riot Platforms (RIOT), the Bitcoin mining giant, delivered a stellar third quarter, reporting record revenue of $180.2 million and a net income of $104.5 million for the three months ended September 30.
Read MoreRiot Platforms (RIOT), the Bitcoin mining giant, delivered a stellar third quarter, reporting record revenue of $180.2 million and a net income of $104.5 million for the three months ended September 30.
Read MoreRiot Platforms, a leading publicly traded Bitcoin mining company, reported a successful period of operations.
Read MoreBitcoin mining giant Marathon Digital Holdings (MARA) has significantly bolstered its Bitcoin treasury, announcing the acquisition of 15,574 BTC for approximately $1.53 billion.
Read MoreIn October, two major players in the Bitcoin mining industry—Marathon Digital and Riot Platforms—reported strong Bitcoin production numbers, marking their highest monthly outputs since the Bitcoin halving event in April 2024.
Read MoreOn September 23, 2024, Riot Platforms announced a settlement agreement with Bitfarms Ltd., effectively concluding Riot’s unsolicited bid to acquire the company.
Read MoreBitcoin mining company Riot Platforms has increased its stake in competitor Bitfarms to nearly 18.9% by purchasing an additional 1 million shares.
Read MoreRiot Platforms, a major player in the Bitcoin mining industry, reported total revenue of $70 million for the recent quarter, a decrease from the $76.7 million recorded during the same period last year. This decline is largely attributed to the Bitcoin halving event that took place in April.
Read MoreBitfarms Ltd. (BITF), the Canadian cryptocurrency mining company, is seeing a quiet trading day on Monday, June 10th, 2024. As of this writing (10:25 PM PST), the stock price sits at CA$3.30, unchanged from the opening price.This follows a week of positive momentum for Bitfarms.
Read MoreIn May, Stronghold Digital Mining experienced a significant decrease in its monthly Bitcoin mining output, with a decline of 47.1% compared to April. During May, the company mined 82 BTC, contrasting with the 155 BTC mined in April. Similarly, revenues for May dropped by 46% to $5.2 million compared to the previous month.
Read MoreBitcoin (BTC) has seen a decrease in its ticker value, now at $70,754. Riot Platforms, a prominent miner, produced 215 BTC in May, marking a 43% decrease compared to the previous month.
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