share_log

Riot Platforms | 10-Q: Q1 2024 Earnings Report

Riot Platforms | 10-Q: Q1 2024 Earnings Report

Riot Platforms | 10-Q:2024财年一季报
美股SEC公告 ·  05/02 04:37

Moomoo AI 已提取核心信息

Riot Platforms, Inc., a vertically integrated Bitcoin mining company, reported its financial performance for the first quarter ended March 31, 2024. The company saw a significant increase in revenue, with total segment and consolidated revenue reaching $79.3 million, up from $73.2 million in the same period of the previous year. This was primarily due to higher Bitcoin prices, which averaged $52,343 per coin, compared to $22,704 per coin in the prior year. Bitcoin Mining revenue alone was $74.6 million, a substantial increase from $48.0 million in the previous year. However, the number of Bitcoin mined decreased by 751 due to a significant increase in network difficulty. Engineering revenue decreased to $4.7 million from $21.3 million year-on-year, attributed to supply chain constraints. The company's net income for the quarter...Show More
Riot Platforms, Inc., a vertically integrated Bitcoin mining company, reported its financial performance for the first quarter ended March 31, 2024. The company saw a significant increase in revenue, with total segment and consolidated revenue reaching $79.3 million, up from $73.2 million in the same period of the previous year. This was primarily due to higher Bitcoin prices, which averaged $52,343 per coin, compared to $22,704 per coin in the prior year. Bitcoin Mining revenue alone was $74.6 million, a substantial increase from $48.0 million in the previous year. However, the number of Bitcoin mined decreased by 751 due to a significant increase in network difficulty. Engineering revenue decreased to $4.7 million from $21.3 million year-on-year, attributed to supply chain constraints. The company's net income for the quarter was a robust $211.8 million, compared to $18.5 million in the prior year, bolstered by a change in fair value of Bitcoin, which contributed gains of $234.1 million. Riot Platforms also reported on several ongoing legal disputes involving breach of contract and other claims, with the outcomes still uncertain at this early stage. The company has terminated all contracts with its Data Center Hosting customers and will no longer report this as a separate segment, focusing instead on its self-mining efforts. Looking ahead, Riot Platforms is developing the Corsicana Facility, expected to have 1.0 GW of capacity for Bitcoin Mining, and continues to focus on deploying an efficient mining fleet and realizing the benefits of vertical integration. The company anticipates a total self-mining hash rate capacity of approximately 31 EH/s by the end of 2024.
比特币综合采掘公司Riot Platforms,报告了截至2024年3月31日的首季度财务业绩。该公司的营业收入显著增加,所有板块和综合营业收入达到7930万美元,较去年同期的7320万美元增长。这主要是由于比特币价格上涨所致,平均每个比特币的价格为52343美元,而去年同期为22704美元。其中,比特币采掘收入单独为7460万美元,相比上一年的4800万美元大幅增加。然而,由于网络难度的显著增加,挖出的比特币数量减少了751个。与去年同期的2130万美元相比,工程收入由于供应链约束而年同比下降至470万美元。该公司本季度的净利润达到21180万美元,而去年同期为1850万美元,其中比特币公允...展开全部
比特币综合采掘公司Riot Platforms,报告了截至2024年3月31日的首季度财务业绩。该公司的营业收入显著增加,所有板块和综合营业收入达到7930万美元,较去年同期的7320万美元增长。这主要是由于比特币价格上涨所致,平均每个比特币的价格为52343美元,而去年同期为22704美元。其中,比特币采掘收入单独为7460万美元,相比上一年的4800万美元大幅增加。然而,由于网络难度的显著增加,挖出的比特币数量减少了751个。与去年同期的2130万美元相比,工程收入由于供应链约束而年同比下降至470万美元。该公司本季度的净利润达到21180万美元,而去年同期为1850万美元,其中比特币公允价值变动贡献了23410万美元的收益。Riot Platforms还报告了几起正在进行的违反合同和其他索赔的法律纠纷,结果在这个早期阶段仍然不确定。该公司已终止了与其数据中心托管客户的所有合同,并将不再将其报告为单独的板块,而是专注于自采掘工作。展望未来,Riot Platforms正在开发Corsicana设施,预计拥有1.0 GW的比特币采掘能力,并继续专注于部署高效的采掘舰队并实现垂直整合的好处。该公司预计到2024年底的自采掘哈希率能力总计达到31 EH/s。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息