Riot Platforms: 1,530 BTC mined in Q1, bringing total bitcoin holdings to 19,223
2025-05-02 01:46:03
Riot Platforms' financial performance report for the year ending March 31, 2025, which disclosed that 1530 BTC (mining revenue of $142.90 million) were mined in Q1, compared to 1364 BTC ($71.40 million) for the same period in 2024, and the average mining cost (excluding depreciation) was $43,808, compared to an average cost per Bitcoin of $23,034 for the same period in 2024. In addition, Riot Platforms' total unsecured bitcoin holdings reached 19,223, valued at approximately $1.60 billion at the market price of $82,534 on March 31.
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