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Nalezeno "RIOT": 438

Riot Platforms Offloads 475 BTC Amid Tougher Mining Climate


Riot Platforms has broken its 15-month streak of holding all mined bitcoin, selling 475 BTC in April 2025 to support operations. The move signals a broader industry shift amid tightening mining margins post-halving. BTC Miner Riot Shifts Strategy, Sells Mined Coins to Fund Operations Riot Platforms...

Riot Platforms posts Q1 loss, beats revenue estimates


Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...

Riot Platforms posts Q1 loss, beats revenue estimates


Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same period last year amid efforts to expand its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...

Riot Platforms secures $100M ‘Bitcoin-backed’ loan from Coinbase


Riot Platforms has used its massive Bitcoin stockpile as collateral to secure a $100 million credit facility from Coinbase as the cryptocurrency miner eyes continued expansion. The $100 million loan from Coinbase’s credit arm marks Riot’s “first Bitcoin-backed...

PlayStation Hit With More Layoffs Following Recent Game Cancellations


The PlayStation-owned studio Visual Arts was hit with with fresh layoffs this week amid a further restructuring of Sony’s U.S. game development operations. While some of the cuts included staff who had contributed to recently canceled projects like an upcoming live-service game at Bend Studio,...

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