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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...

Aptos exec sees Web 2.5 platforms earning ‘tons’ of revenue


While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.”In an interview at the Token20249 event in Dubai, Aptos’ head of ecosystem,...

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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