Riot Platforms’ Record $211.8M Q1 Net Income Boosted by Bitcoin Surge
NAIROBI (Coinchapter.com) – Riot Platforms‘ record profitability defied expectations in the first quarter of 2024. Despite the rising difficulty and costs of Bitcoin mining, the company achieved record-breaking net income. This surge is mainly due to Bitcoin’s remarkable increase in price, demonstrating the lucrative potential of the crypto industry. The financial results indicate that Riot […]