Riot Platforms Swings to Q2 Profit
Riot Platforms(NASDAQ:RIOT) reported fiscal second quarter 2025 earnings on July 31, 2025.
The company delivered $153 million in revenue, a 5% quarter-over-quarter revenue decline, but net income reached $219.5 million, reversing a GAAP net loss in the prior quarter, primarily due to a mark-to-market gain from Bitcoin (CRYPTO:BTC) appreciation.
This summary extracts three distinct insights on Riot’s pivot to data centers, operational improvements, and capital strategy, each with direct, unique investment implications.
Source Fool.com


