financetom
Business
financetom
/
Business
/
Riot Platforms Reports 28% Month over Month Increase in September Bitcoin Production
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Riot Platforms Reports 28% Month over Month Increase in September Bitcoin Production
Oct 3, 2024 7:15 AM

09:56 AM EDT, 10/03/2024 (MT Newswires) -- Riot Platforms ( RIOT ) Thursday morning said its bitcoin production increased 28% during September compared with the previous month, with the company producing 412 bitcoin last month after August production reached 322 bitcoin.

Its September 2024 production also marked a 14% rise over year-ago levels with Riot produced 362 bitcoin. The company's deployed hash rate across all three facilities rose 20% over August levels to 28.2 exahash per second, Riot reported.

Riot shares were slightly higher in early Thursday trade.

Price: 7.29, Change: +0.04, Percent Change: +0.55

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nike Still Facing 'Significant Downside Risk' Over Coming Quarters, UBS Says
Nike Still Facing 'Significant Downside Risk' Over Coming Quarters, UBS Says
Dec 20, 2024
03:18 PM EST, 12/20/2024 (MT Newswires) -- Nike ( NKE ) still faces significant downside risk following its fiscal Q2 results as the sportswear company could deliver more bad news over the next quarters stemming from its inventory issues, UBS said in a note Friday, The investment firm noted that despite ending Q2 with an inventory that was flat year-over-year,...
National Bank of Canada Approved to Acquire Canadian Western Bank, Shakes Up Management Team
National Bank of Canada Approved to Acquire Canadian Western Bank, Shakes Up Management Team
Dec 20, 2024
03:22 PM EST, 12/20/2024 (MT Newswires) -- National Bank of Canada ( NTIOF ) on Friday received final approval for the acquisition of Canadian Western Bank ( CWESF ) and announced changes to its senior leadership team. On the CWB acquisition, National Bank said the Minister of Finance has approved it, and that concludes the regulatory process, as it follows...
Sector Update: Consumer
Sector Update: Consumer
Dec 20, 2024
03:20 PM EST, 12/20/2024 (MT Newswires) -- Consumer stocks were rising late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.1%. In corporate news, Winnebago Industries ( WGO ) tightened its full-year earnings outlook on Friday as it swung to a fiscal Q1 loss amid...
Venture Global applies to list on NYSE
Venture Global applies to list on NYSE
Dec 20, 2024
(Reuters) -Venture Global has applied to list its Class A common stock on NYSE under the symbol VG, according to a company filing on Friday. The LNG company said Goldman Sachs & Co., J.P. Morgan, BofA Securities, ING, RBC Capital Markets, Scotiabank and Mizuho are among the underwriters for its initial public offering (IPO). In November, Reuters reported that the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved