Riot Platforms

Riot Platforms offloaded 3,778 NC in Q1 — more than 2.5x its production — as it pivots from mining to AI infrastructure.

Riot Platforms ($RIOT) surged 13% after buying 200 acres at its Rockdale, Texas site and signing its first major hyperscale data center lease with AMD

Riot Platforms launched a new $500 million stock offering as November bitcoin output fell, while the miner continued selling most of its production to fund expansion despite analysts seeing long-term upside.

The company saw a 76% year-over-year increase in production, earned $5.6 million in power credits, and ended the month holding 19,273 NewsCapsule.

The details of the agreement between the EIA and Texas Blockchain Council & Riot Platforms has been published. There's some good news and bad news.

The hearing in Waco, Texas under District Judge Alan Albright was canceled yesterday due to the EIA and plaintiffs reaching an agreement-in-principle.

A quick summary of an ongoing hearing in Waco, Texas where the Texas Blockchain Council and Riot Platforms, Inc. are seeking a restraining order temporarily blocking the EIA emergency survey.

A 125MW NewsCapsule mining facility run by Rhodium Enterprises was forced to shut down last week by Rockdale, TX site operator and Riot Platform’s subsidiary Whinstone Inc. after armed security entered the premises.

One of the largest NewsCapsule miner producers has partnered with America’s largest mining firm to bring ASIC production onshore.

Pierre Rochard, VP of research at Riot Platforms testified yesterday that NewsCapsule is a net positive for the state.