{"id":55945,"date":"2025-10-31T09:31:32","date_gmt":"2025-10-31T09:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55945"},"modified":"2025-10-31T09:31:32","modified_gmt":"2025-10-31T09:31:32","slug":"bitcoin-mining-not-end-goal-but-means-to-an-end-to-boost-data-center-business-says-riot-platforms-ceo","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55945","title":{"rendered":"Bitcoin Mining Not End Goal, But &#8216;Means To An End&#8217; To Boost Data Center Business, Says Riot Platforms CEO"},"content":{"rendered":"<div>\n<p><strong>Jason Les<\/strong>, CEO of <strong>Riot Platforms Inc.\u00a0<\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/RIOT\">RIOT<\/a>), labeled Thursday its <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) mining business as a \u201cmeans to an end,\u201d supporting its larger goal of data center development.<\/p>\n<h2 class=\"wp-block-heading\">Riot Goes Big On Data Center Business<\/h2>\n<p>During Riot Platforms\u2019 third-quarter earnings call, the CEO said the company intends to continue exploiting the opportunity Bitcoin mining offers to secure power and generate \u201cstrong cash flow.\u201d\u00a0<\/p>\n<p>\u201cWe no longer see Bitcoin mining operations as the end goal, but instead as a means to an end, and that end is maximizing the value of our megawatts,\u201d Les stated.<\/p>\n<p>Les used megawatts to refer to Riot\u2019s existing power infrastructure, which the company intends to repurpose for data centers and high-performance computing.<\/p>\n<p>\u201cBitcoin mining continues to be a very valuable tool to monetize Riot&#8217;s large-scale portfolio of power,\u201d he added<\/p>\n<p>Les stated that Riot &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48552588\/bitcoin-mining-not-end-goal-but-means-to-an-end-to-boost-data-center-business-says-riot-pla?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" mining not end goal but to an boost data center business says riot platforms ceo>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jason Les, CEO of Riot Platforms Inc.\u00a0(NASDAQ:RIOT), labeled Thursday its Bitcoin (CRYPTO: BTC) mining business as a \u201cmeans to an end,\u201d supporting its larger goal of data center development. Riot Goes Big On Data Center Business During Riot Platforms\u2019 third-quarter earnings call, the CEO said the company intends to continue exploiting the opportunity Bitcoin mining [&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-55945","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\/55945","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=55945"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55945\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}