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  3. Bitcoin miner Riot posts net income of $104.5 million in Q3, reversing previous quarter’s losses
2 months ago 2 months ago

Bitcoin miner Riot posts net income of $104.5 million in Q3, reversing previous quarter’s losses


Daniel Kuhn
by Daniel Kuhn 2 months ago2 months ago
Bitcoin miner Riot posts net income of 4.5 million in Q3, reversing previous quarter’s losses


Riot’s adjusted EBITDA of $197.2 million included a $133.1 million gain on its bitcoins. Shares dropped 4.87% on the day as of market close.



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