Riot Platforms announced its Q3 2025 financial report, with revenue reaching $180 million.

Wu reported that Riot Platforms announced its Q3 2025 financial results, with revenue reaching $180 million, more than doubling year-on-year. The Bitcoin mining revenue was $161 million, primarily driven by the rise in Bitcoin prices and growth in Computing Power; the net profit was $105 million, compared to a loss of $154 million in the same period last year; the adjusted EBITDA was $197 million, including a $133 million gain from holding Bitcoin on the books. During the quarter, a total of 1,406 Bitcoins were mined, with an average mining cost of $46,324. Riot also announced the start of core construction for two buildings at its Corsicana data center campus in Texas, holding approximately 19,287 Bitcoins with a market capitalization of about $2.2 billion.