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Tag: Riot Platforms

Riot Achieves .8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower

Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower

November 3, 2024November 3, 2024 · Cryptocurrency

Bitcoin mining firm Riot recorded $84.8 million in revenue in the third quarter of 2024, representing a 65% increase over the same quarter in 2023. This growth can…

Read more Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower
Riot Achieves .8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower

April’s Bitcoin Halving Drives Riot Platforms’ Widened Q2 Losses

August 4, 2024August 4, 2024 · Cryptocurrency

In the second quarter of this year, Riot Platforms recorded a net loss of $84.4 million, compared to $27.4 million in the previous year’s same quarter. The American…

Read more April’s Bitcoin Halving Drives Riot Platforms’ Widened Q2 Losses
Riot Platforms Boosts Bitfarms Stake with Additional Share Acquisition

Riot Platforms Boosts Bitfarms Stake with Additional Share Acquisition

June 14, 2024June 14, 2024 · Cryptocurrency

Riot Platforms has announced the purchase of an additional 1,432,063 shares of Bitfarms. The acquisition, completed on June 10 at approximately $2.7 per share, represents an investment of…

Read more Riot Platforms Boosts Bitfarms Stake with Additional Share Acquisition
Bitfarms Outlines Defense Plan Against Rival Riot’s Ongoing Takeover Bid

Bitfarms Outlines Defense Plan Against Rival Riot’s Ongoing Takeover Bid

June 11, 2024June 11, 2024 · Cryptocurrency

Bitfarms announced on Monday that its Board of Directors has unanimously approved a shareholder rights plan, effective immediately, to preserve the integrity of its strategic alternatives review process…

Read more Bitfarms Outlines Defense Plan Against Rival Riot’s Ongoing Takeover Bid
3 Red-Hot Growth Stocks That Have Doubled This Year But Could Run Out of Steam in 2024

3 Red-Hot Growth Stocks That Have Doubled This Year But Could Run Out of Steam in 2024

December 24, 2023December 24, 2023 · Business

Business people looking at a tablet. Valuations for many stocks have been rising sharply this year. But investors should be careful not to assume that the current year’s…

Read more 3 Red-Hot Growth Stocks That Have Doubled This Year But Could Run Out of Steam in 2024
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