Bitcoin mining company Riot mined a total of 1,406 Bitcoins in the third quarter, with revenue of approximately $180 million

Techub News, according to The Block, Bitcoin miner Riot Platforms reported a record third-quarter revenue. As of September 30, the company's Q3 revenue reached $180.2 million, with a net profit of $104.5 million, compared to a total revenue of only $84.8 million in the same period last year. The revenue growth was primarily driven by a $93.3 million increase in Bitcoin mining revenue, with 1,406 BTC mined this quarter, up from 1,104 BTC in the same period of 2024. Additionally, data shows that the company holds nearly 20,000 Bitcoins, valued at over $2 billion, ranking second among mining companies and seventh among all publicly listed companies.