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Riot Platforms Reports $376.7M Revenue in 2024 Despite Mining Challenges

  • Riot Platforms reports $376.7M revenue in 2024, a 34% increase from the previous year.
  • Bitcoin mining contributed to the income rise, generating $321M in revenue.
  • Riot Platforms achieved a significant improvement in financial performance, despite challenges in the mining industry.
  • The company's Bitcoin production decreased, but the rise in mining expenses and hash rate affected the results.

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