In December 2024, Riot Platforms, Inc. increased its Bitcoin mining production by 4% compared to the previous month, mining a total of 516 Bitcoin. The company completed the first phase of its Corsicana Facility and held over 17,700 Bitcoin by the end of the year. Riot also expanded its deployed hash rate by 155% in 2024, surpassing the network hash rate growth of 52%. The company's Bitcoin holdings increased by 141% from 2023, reaching 17,722 Bitcoin by December 31. Riot also reported a 39% boost in Bitcoin held per fully diluted share, focusing on enhancing shareholder value. Analysts at H.C. Wainwright named Riot as one of the top Bitcoin miners, predicting it will outperform its competitors.



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