A Game-Changing Q1: Riot Platforms Rakes in $211M Net Income

Riot Platforms, a major player in Bitcoin mining, just dropped jaws with its Q1 2024 financials. Despite crypto mining sector hurdles, Riot scored big with a net income of $211.8 million, marking a jaw-dropping 1,000% YoY leap. Riot’s unaudited financial statement for Q1 2024. Source: Riot Platforms The income of Riot from mining shot up