Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights
CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023.
- CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023.
- “I am pleased to announce results for Riot for 2023, which proved to be another milestone year in Riot’s ongoing development as a leading vertically integrated Bitcoin miner,” said Jason Les, CEO of Riot.
- Earned $71.2 million in power credits through support of the ERCOT grid in Texas during several weather-related supply/demand issues in 2023.
- Engineering revenue in excess of engineering cost of revenue for the year ended December 31, 2023 was $3.7 million.