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Techub News reported, according to The Block, Bitcoin mining company Riot Platforms released its full-year 2025 financial report. As it transitions towards artificial intelligence and high-performance computing infrastructure, its annual revenue reached $647.4 million, higher than the $376.7 million in 2024. The company produced 5,686 Bitcoins in 2025, up from 4,828 the previous year, and currently holds over 18,000 Bitcoins. Although the average mining cost rose from $32,216 in 2024 to $49,645 in 2025, benefiting from Bitcoin's price reaching a record high, mining revenue increased from $321 million to $576.3 million.
Techub News reports that Nasdaq-listed Bitcoin mining company Riot Platforms has sold 1,080 Bitcoins, using the approximately $96 million in proceeds to purchase the Rockdale site, aiming to develop a data center project. Furthermore, the company has also signed a data center leasing and services agreement with Advanced Micro Devices (AMD). This agreement will deploy 25 megawatts of critical IT load capacity at the Rockdale campus. The initial deployment will be carried out in phases, starting in January 2026 and completing in May 2026.
Techub News reports, according to Crowdfundinsider, Bitcoin mining company Riot Platforms (NASDAQ: RIOT) recently sold approximately $161 million worth of Bitcoin, reducing its total Bitcoin holdings to 18,005.
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.
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