{"id":14784,"date":"2025-02-24T22:31:32","date_gmt":"2025-02-24T22:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=14784"},"modified":"2025-02-24T22:31:32","modified_gmt":"2025-02-24T22:31:32","slug":"riot-platforms-shares-climb-after-fy-2024-results-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=14784","title":{"rendered":"Riot Platforms Shares Climb After FY 2024 Results: Details"},"content":{"rendered":"<div>\n<p>Bitcoin miner <strong>Riot Platforms Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/RIOT#NASDAQ\">RIOT<\/a>) reported its fourth-quarter results after Monday&#8217;s closing bell. Here&#8217;s a look at the <a href=\"https:\/\/www.benzinga.com\/pressreleases\/25\/02\/n43926811\/riot-platforms-reports-full-year-2024-financial-results-current-operational-and-financial-highligh\">details from the report.\u00a0<\/a><\/p>\n<p><strong>The Details:\u00a0<\/strong>Riot Platforms reported fiscal 2024 revenue of $376.7 million,\u00a0which beat the analyst consensus estimate of\u00a0$372.34 million.<\/p>\n<p>For fiscal 2024: <\/p>\n<ul>\n<li>Total revenue of $376.7 million, as compared to $280.7 million for 2023. The increase was primarily driven by a $132 million increase in <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) mining revenue.<\/li>\n<li>Produced 4,828 Bitcoin as compared to 6,626 during the same 12-month period in 2023.<\/li>\n<li>The average cost to mine Bitcoin, excluding depreciation, was $32,216 in 2024, as compared to $3,831 per Bitcoin in 2023. The increase was primarily driven by a 53% decrease &#8230;<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/earnings\/25\/02\/43928216\/riot-platforms-shares-climb-after-fy-2024-results-details\" alt=\"Riot\" platforms shares climb after fy results: details>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin miner Riot Platforms Inc. (NASDAQ:RIOT) reported its fourth-quarter results after Monday&#8217;s closing bell. Here&#8217;s a look at the details from the report.\u00a0 The Details:\u00a0Riot Platforms reported fiscal 2024 revenue of $376.7 million,\u00a0which beat the analyst consensus estimate of\u00a0$372.34 million. For fiscal 2024: Total revenue of $376.7 million, as compared to $280.7 million for 2023. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-14784","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14784"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14784\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}