riot

Meanwhile, Riot Platforms is crowing all the way to the bank on record revenue, an eye-popping $161.4 million in Q1 2025. Now, as CEO Jason Les preaches the importance of collaboration among teammates, the stock has popped. Let's cut through the celebratory noise. That revenue comes at a horrendous cost....

Riot Platforms, arguably the biggest player in the Bitcoin mining space, just put out its Q1 2025 numbers. The report spotlights their remarkable accomplishments, as well as daunting obstacles that are now before them. The company recently announced that it achieved record quarterly revenue of $161.4 million! This is a...

Riot Platforms just blew that theory to smithereens, didn’t they? Record revenue, ok, but a $1.0 billion massive net loss looking us dead in the eye. Mining costs through the roof. Bitcoin halving biting hard. And then, out of nowhere, BAM! They're pivoting to AI. High-performance computing. Now, all at...