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Cryptonews Tags Riot Platforms

# Riot Platforms

All #Riot Platforms

Features
Why 2026 is the Year Bitcoin Miners Become Global Energy Hubs
Experts say Bitcoin miners will pivot to AI in 2026, with more energy asset purchases and more convergence between AI, mining and power firms
, by Jeffrey Gogo
Bitcoin News
Bitcoin Miners Diverge: CleanSpark Amasses $1.6B in BTC as Rival Riot Sells – Why?
CleanSpark has built one of the largest self-mined reserves and secured new credit lines, while Riot has monetized production and reported efficiency gains as Bitcoin conditions have evolved; September data cover hashrate, power costs, revenues, and treasury strategies.
, by Hassan Shittu
Features
AI Firms Pivot to Bitcoin Mining with Data Center Power
AI firms are now using excess data center power to mine Bitcoin — a move that could help stabilize grids and improve energy efficiency.
, by Jeffrey Gogo
Riot Platforms Sees Revenue Surge in Q1 Despite Losses Amid AI Pivot
Riot Platforms reported a sharp revenue increase in the first quarter of 2025, though the company still posted a sizable net loss.
, by Amin Ayan
Riot Platforms Taps $100M Bitcoin-Backed Credit From Coinbase to Turbocharge Expansion
Riot Platforms, Inc., a Bitcoin mining firm, announced on Wednesday that it has secured a $100 million credit facility from Coinbase Credit, Inc., a subsidiary of Coinbase Global. The agreement marks Riot’s first bitcoin-backed credit facility and will support the company’s ongoing...
, by Tanzeel Akhtar
Riot Platforms Explores AI Revenue Amid Bitcoin Transaction Slump
Bitcoin miner Riot Platforms is exploring revenue diversification into artificial intelligence (AI) and high-performance computing (HPC), joining the growing trend of miners adapting their infrastructure for AI applications as Bitcoin network transactions hit a 12-month low. On February 13,...
, by Hassan Shittu
Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases
Bitcoin infrastructure firm Riot Platforms has unveiled plans to raise $500M through convertible senior notes in a private offering for institutional investors. This decision comes as Bitcoin trades near its all-time high and other major industry players make substantial acquisitions at peak...
, by Hassan Shittu
Riot Platforms Reports 65% Revenue Growth Despite Mining Expansion Setbacks
Bitcoin mining firm Riot Platforms reported a 65% year-over-year revenue increase in the third quarter of the year.
, by Ruholamin Haqshanas
Bitfarms and Riot Reach Agreement With New Board Appointments
Bitfarms and Riot Platforms announced on September 23, 2024, that they have reached a settlement agreement involving new board appointments and a standstill arrangement lasting until 2026. According to a press release shared with Cryptonews, the agreement will see Andrés Finkielsztain...
, by Hongji Feng
Riot Surpasses 10,000 Bitcoin Held: August Production Update
Bitcoin mining company Riot Platforms announced on September 5 its August 2024 production and operations updates. Over 10K Bitcoin Held Despite Low Mining In August 2024, Riot produced 322 Bitcoin, reflecting a 13% decline from July’s 370 Bitcoin and a 3% drop compared to August 2023’s 333...
, by Hassan Shittu
Bitfarms Fires Back at Riot Platforms’ Criticism, Accuses Rival of Self-Interest in Board Dispute
Bitfarms Ltd. issued a strong rebuttal on September 4 to Riot Platforms's criticisms, expressing that Riot's intentions are driven by self-interest in an ongoing board dispute. The conflict between these two industry giants centers around Riot's attempt to acquire Bitfarms, which Bitfarms...
, by Hassan Shittu
“Bitfarms Needs to Halt its Defensive Tactics,” Says Riot Platform in Open Letter
Riot Platforms, Inc., the largest shareholder of Bitfarms Ltd., issued an open letter today urging Bitfarms to cease what it describes as defensive tactics ahead of a crucial shareholder meeting scheduled for October 29. Riot, which owns approximately 19.9% of Bitfarms, criticized the recent...
, by Hassan Shittu
Bitcoin Miner Riot Platforms Ups Ownership in Bitfarms to 18.9%
Bitcoin miner Riot Platforms said Tuesday that it expanded its ownership in competitor Bitfarms, increasing its stake to nearly 18.9%. Riot purchased an additional 1m Bitfarms shares, bringing its total holdings to about 85.3m shares.Before the latest purchase, Riot Platforms held about 18.68% of...
, by Shalini Nagarajan
Bitcoin Miner Bitfarms Reports Mixed Q2 Earnings, Stock Rises 20%
Bitcoin mining company, Bitfarms has experienced a surprising surge in its stock price, rising 20% despite reporting a mixed financial performance for the second quarter.The company posted revenue of $42 million, which marks a 16% decrease from the previous quarter but a 17% increase compared to...
, by Tanzeel Akhtar
Riot Platforms Reports Q2 Loss After Bitcoin Halving
Bitcoin mining firm Riot Platforms reports a total revenue of $70.0 million from the $76.7 million recorded in the same period last year. The drop is due to the Bitcoin halving event in April. This decrease in revenue is also attributed to a $9.7 million drop in engineering revenues. This was...
, by Tanzeel Akhtar
Bitfarms Adopts New ‘Poison Pill’ Strategy After Tribunal Sides with Rival Riot Platforms
Bitfarms, a prominent Bitcoin mining firm, has adopted a new 'poison pill' strategy following the Ontario Capital Markets Tribunal's termination of its initial plan to fend off a hostile takeover attempt by rival Riot Platforms. This latest move came following an ongoing, intensifying conflict...
, by Hassan Shittu
Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms
Bitcoin miner Riot Platforms said Wednesday that a Canadian tribunal terminated Bitfarms' "poison pill" strategy to block its acquisition. It means Bitfarms can no longer use this tactic to prevent a hostile takeover. The poison pill, which would have been activated if an entity bought 15% of...
, by Shalini Nagarajan
Riot Platforms Acquires Block Mining for $92.5M, Expands to 2 GW Capacity
Riot Platforms acquired Block Mining on July 24 for $92.5 million, greatly expanding its operational capacity and geographical footprint. According to a recent press release by Riot Platforms, the purchase was funded with $18.5 million in cash and $74 million in common stock. Block Mining can...
, by Hongji Feng
Riot Platforms Launches Website to Advocate for Bitfarms Board Overhaul
Riot Platforms, a leading Bitcoin mining company, has launched a dedicated website to inform shareholders about corporate governance issues at Bitfarms and Riot’s plans to reconstitute the board. This move is part of Riot's decisive strategy to advance its acquisition of Bitfarms, marking a...
, by Hassan Shittu
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