{"id":24805,"date":"2025-05-01T22:02:07","date_gmt":"2025-05-01T22:02:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24805"},"modified":"2025-05-01T22:02:07","modified_gmt":"2025-05-01T22:02:07","slug":"bitcoin-miner-riot-platforms-reports-q1-results-shares-slide","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24805","title":{"rendered":"Bitcoin Miner Riot Platforms Reports Q1 Results, Shares Slide"},"content":{"rendered":"<div>\n<p><strong>Riot Platforms Inc<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/RIOT#NASDAQ\">RIOT<\/a>) reported first-quarter financial results after the market close on Thursday. Here\u2019s a look at the key details <a href=\"https:\/\/www.benzinga.com\/pressreleases\/25\/05\/n45151432\/riot-platforms-reports-first-quarter-2025-financial-results-current-operational-and-financial-high\">from the report<\/a>.<\/p>\n<ul>\n<li><strong>Q1 Revenue: <\/strong>$161.4 million, versus <a href=\"https:\/\/www.benzinga.com\/calendars\/earnings\">estimates<\/a> of $158.2 million<\/li>\n<\/ul>\n<ul>\n<li><strong>Q1 EPS:<\/strong> Loss of 90 cents per share<\/li>\n<\/ul>\n<p>Total revenue was up from $79.3 million in the prior year\u2019s quarter, primarily driven by a $71.5 million increase in <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) mining revenue.<\/p>\n<p>The Bitcoin miner produced 1,530 Bitcoin in the first quarter, up from 1,364 in the first quarter of 2024. Riot\u2019s average cost to mine totaled $43,808 in the quarter. The company &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/05\/45154528\/bitcoin-miner-riot-platforms-reports-q1-results-shares-slide\" alt=\"Bitcoin\" miner riot platforms reports q1 results shares slide>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Riot Platforms Inc (NASDAQ:RIOT) reported first-quarter financial results after the market close on Thursday. Here\u2019s a look at the key details from the report. Q1 Revenue: $161.4 million, versus estimates of $158.2 million Q1 EPS: Loss of 90 cents per share Total revenue was up from $79.3 million in the prior year\u2019s quarter, primarily driven [&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-24805","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\/24805","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=24805"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24805\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}