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Stock impact report

Riot Platforms Inc. (RIOT) Sells 1,818 BTC After 8% Production Increase [Yahoo! Finance]

Riot Blockchain, Inc (RIOT) 
Last riot blockchain, inc earnings: 8/8 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.riotblockchain.com
Company Research Source: Yahoo! Finance
However, it was 11% lower than the Bitcoin mined the same month in 2024. Copyright: pogorelovaolga / 123RF Stock Photo The month-over-month increase coincided with a 5% increase in the company's hash rate, which reached 38.5 EH/s. It was also 22% higher than the previous year. It also reported $6.2 million in total power credits for December. The company also took advantage of the high Bitcoin prices to sell 1,818 Bitcoin during the month, generating $161.6 million in net proceeds. It represented a significant increase compared to 38 Bitcoins sold in November. Following the sale, Riot platforms exited the year with 18,005 Bitcoin in reserves, a 2% increase from the end-of-2024 level. Meanwhile, Riot Platforms has entered into a sales agreement to establish an at-the-market offering program. It plans to sell up to $500 million of its common stock at prevailing market prices. Riot Platforms, Inc. (formerly Riot Blockchain) is a leading, vertically integrated Bitcoin mining and Show less Read more
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