09:46 AM EDT, 08/05/2024 (MT Newswires) -- Riot Platforms ( RIOT ) said Monday it produced 370 bitcoins in July, up from 255 the previous month but down from 410 a year earlier.

Average daily bitcoin output was 11.9 in July, up from 8.5 in June but down from 13.2 a year earlier.

Chief Executive Jason Les said the result shows "improved results from the significant deployment of hash rate" last month at its Corsicana facility in Texas.

Riot shares up 5.1% in early trading.

Price: 11.28, Change: +0.55, Percent Change: +5.08