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flag Riot Platforms reported strong FY2024 earnings, mining 4,828 Bitcoins and seeing shares rise 3.5%.

flag Bitcoin mining firm Riot Platforms reported a robust fiscal year 2024, with total revenue of $376.7 million, surpassing estimates. flag The company mined 4,828 Bitcoins, generating $321 million in revenue, and its shares rose 3.50% to $10.34 post-announcement. flag Riot also saw a 141% increase in Bitcoin holdings and plans to explore AI/HPC opportunities for its unused power capacity in 2025.

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