tl;dr
Riot Platforms (NASDAQ:RIOT) mined 425 Bitcoins (BTC-USD) in March, up ~2% from the previous month and down 39% from a year before, it said on Thursday. Still, at the end of March, the company held 8,490 Bitcoins (BTC-USD), more than the 8,067 tokens held in February and the 7,072 in March 2023. I...
Riot Platforms (NASDAQ:RIOT) mined 425 Bitcoins (BTC-USD) in March, up ~2% from the previous month and down 39% from a year before, it said on Thursday. Still, at the end of March, the company held 8,490 Bitcoins (BTC-USD), more than the 8,067 tokens held in February and the 7,072 in March 2023. Its deployed hashrate at month-end was 12.4 EH/s, unchanged from February and up from 10.5 EH/s in the year-earlier period. "We have already received a majority of the miners required for Building A2 and expect the balance to be received during April. Our self-mining capacity is expected to reach 31 EH/s by the end of 2024, upon full deployment of miners in the first four buildings at our Corsicana Facility,” said CEO, Jason Les. Shares in the company up 3.3% in pre-market trade.
More about Riot Blockchain Inc
Riot Blockchain Inc Analysis Summary
Riot Blockchain, Inc. focuses on cryptocurrency mining operations in North America and is headquartered in Castle Rock, Colorado.
Sector: Life Sciences
Industry: In Vitro & In Vivo Diagnostic Substances
Market Cap: 2.608906 billion
Dividend Yield: None
P/E Ratio: None
EPS: -0.28
Revenue: 1.604 billion
Net Income: -0.176 billion
Volume: 280,678,000
Stock Price: $20.04
Change: 2.333
Change %: 0.31
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