Tag: riot platforms
Riot Platforms Clears $200M Bitcoin-Backed Debt, Accelerates AI Expansion
Bitcoin miner Riot Platforms repays Coinbase Credit facility secured by Bitcoin collateral, freeing assets as it pivots toward high-margin data center business.
Riot Platforms' Bitcoin Mining Revenue Falls as Data Center Arm Drives Growth
Riot Platforms reported $167.2M Q1 revenue as Bitcoin mining declined to $111.9M, offset by new $33.2M data center business amid industry shift to AI infrastructure.