10:38 AM EST, 11/04/2024 (MT Newswires) -- Riot Platforms ( RIOT ) said Monday its Bitcoin production rose 23% to 505 in October from 412 in September.

The company said its October production also marked a 10% rise from 458 bitcoin a year earlier. Its deployed hash rate across Rockdale, Corsicana, and Kentucky facilities rose 5% to 29.4 exahash per second from September's 28.2 mainly due to "new deployments of latest generation MicroBT miners at the Corsicana Facility."

These are unaudited and estimated production results, the company said.

Shares of Riot Platforms ( RIOT ) fell about 5.3% in recent Monday trading activity.

Price: 8.94, Change: -0.50, Percent Change: -5.30