Riot's total revenue in 2024 increased by 34.2% to $376.7 million, reaching a historic high

According to Foresight News, the annual revenue of Bitcoin mining company Riot Platforms reached a historic high in 2024, mainly driven by an increase in its mining revenue. Riot's total revenue in 2024 was $376.7 million, a year-on-year increase of 34.2%. Last year, its net income expanded to $109.4 million, while its net loss for 2023 was $49.4 million.