Bitcoin miner Riot Platforms trims Q2 loss to $27.7M

by Aurelia Butler 10 August 2023, 11:40 129 Views

The crypto miner posted total revenue of $76.7 million — up 5.2% from Q2 2022 — which was primarily driven by a 27% year-on-year increase in Bitcoin (BTC) production, offset by a decline in Bitcoin prices, according to the firm’s Aug. 9 results filing.

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Bitcoin miner Riot Platforms trims Q2 loss to $27.7M

EU treads cautious line over US investment bans on Chinese tech

Retailers say organized theft is biting into profits, but internal issues may really be to blame

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