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MARA, Riot Diverge on Bitcoin Mining Financing in Q2


Two of the largest U.S. Bitcoin mining giants took contrasting approaches to capital raising in Q2, with MARA ramping up equity issuance while Riot relied more on debt financing and Bitcoin sales. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing...

Ubisoft Shareholder Confronts Boss About 'Woke' Assassin's Creed


Shareholder meetings are usually pretty boring affairs, but in video games, you sometimes get players themselves showing up. They buy a piece of the company, and instead of complaining online like everyone else, they get to ask questions directly to the CEO’s face once a year. That’s what happened...

Kai Cenat Describes Having 'PTSD' After Streaming For 30 Days With No Break


On a recent episode of the popular web series Hot Ones, famous streamer Kai Cenat claimed he went through “PTSD” in the aftermath of being in front of a massive audience for 30 days straight on Twitch. He also ate some hot wings covered in very hot sauce and screamed about it, because that’s what...

Riot Platform’s Power Strategy Boosts Credits Amid Production Decline


In June, Riot Platforms mined 450 bitcoin, a 12% decrease from May’s 514 BTC, with daily production averaging 15 BTC compared to 16.6 BTC in May. Riot Achieves Higher Average BTC Price in June Bitcoin mining firm Riot Platforms produced 450 bitcoin ( BTC) in the past month, a 12% drop from the...

Bitcoin Miners Just Had One of Their Best Quarters on Record, JPMorgan Says


The first quarter of 2025 was one of the best periods on record for U.S.-listed bitcoin BTC mining companies, Wall Street bank JPMorgan (JPM) said in a research report Friday."Four of the five operators in our coverage reported record revenue and profits," analysts Reginald Smith and Charles Pearce...

Bitcoin Miner Riot Sees 139% Yearly Increase in Daily BTC Production


In May, bitcoin miner Riot Platforms produced 514 bitcoins, marking an 11% increase from the 463 mined in April and more than double the 215 produced in May 2024. Prioritizing Operational Excellence Bears Results Bitcoin miner Riot Platforms produced 514 bitcoins in May 2025, an 11% increase from...

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...

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