Riot Platforms, Inc.

Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure Updates.  “March was a key month for Riot as we approach the commencement of operations at our new Corsicana Facility,” said Jason Les, CEO of Riot. “Riot’s first building at the Corsicana Facility, Building A1, is expected to commence operations in mid-April 2024, and will add an anticipated 3.7 EH/s to our self-mining hash rate once miners have been fully deployed shortly thereafter. At our Corsicana Facility, we are incredibly excited to showcase Riot’s deployment of leading-edge, industrial-scale immersion technology, featuring latest-generation MicroBT immersion miners, which will drive significantly improved scale and efficiency of operations. Read more in today’s press release: https://lnkd.in/ghdAHEDs

Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights. $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility. “I am excited to present results for Riot for the first quarter of 2024, during which we achieved a number of significant milestones which further solidify our growth path,” said Jason Les, CEO of Riot. “This quarter, Riot reported net income of $211.8 million and earnings per share of $0.82 which are new record highs for our quarterly results. Additionally, we reported $245.7 million in adjusted EBITDA for the quarter, another record high for Riot, rounding out strong financial performance for the quarter.” Read the full press release here: https://lnkd.in/gdwWUBHr

Riot Platforms, Inc. is holding its first quarter 2024 earnings conference call tomorrow, 5/1 at 8:30 A.M. EST. 📞 US callers: 1-877-407-0779 🌎International callers: 1-201-389-0914 💻Or join the webcast here: https://lnkd.in/gwwPGWeg.

Now Live 🎧 BlockTime Episode 40! Join us for an exciting episode featuring Pierre R. and Riot's CEO, Jason Les, at Riot's Halving Party at PubKey. Stick around for a Q&A session with the audience at the end. Watch now: https://lnkd.in/gbSJjvJi

Riot Executive Chairman, Benjamin Yi, will participate in the panel ‘Driving Shareholder Value in BTC Mining: Strategies for Operational Excellence & Energy Optimization’ at the AIM Summit today, April 30th, from 14:25-14:55 GMT. Don't miss it.

Riot CEO, Jason Les, will participate in the panel ‘Leveraging Compute For Sustainability and Energy Re-use’ at the AIM Summit tomorrow, April 30th, from 12:25 to 12:55 GMT.

“Bitcoin is a new technology that is democratizing money, putting the individual in charge of their own finances, and banking the unbanked globally.” Riot Platforms, Inc. CEO Jason Les chats with us at MarketSite about the growth the Bitcoin mining company has seen and what’s yet to come.

Riot's CEO, Jason Les, was named a finalist for Entrepreneur Of The Year, a competitive business award for leaders who disrupt markets, revolutionize sectors, and have a transformational impact on lives. Over the past four decades, the program has recognized leaders with big ideas and bold actions that reshape our world. Join us in congratulating Jason!

Riot announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. Read more in today’s press release: https://lnkd.in/gNRAdggk Participants can join the conference call by dialing 1-877-407-0830 within the United States or by dialing 1-201-389-0914 internationally. Click here to register: https://lnkd.in/gwwPGWeg.  

Last week, Riot announced the successful energization of its new Corsicana Facility in Navarro County, Texas. 📽️ Watch our #EnergizingCorsicana film for an exclusive behind-the-scenes look at the construction of the world's largest Bitcoin mining facility by developed capacity. Watch the full film here: https://lnkd.in/gctx4MrE