Riot Platforms: Q1 Mining Output of 1,530 BTC, Total Bitcoin Holdings Reach 19,223
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Riot Platforms' financial performance report as of March 31, 2025, discloses Q1 mining output of 1,530 BTC (mining revenue of $142.9 million), compared to 1,364 BTC ($71.4 million) in the same period of 2024, with an average mining cost (excluding depreciation) of $43,808, while the average cost per Bitcoin in the same period of 2024 was $23,034. Additionally, Riot Platforms' total unencumbered Bitcoin holdings reached 19,223 BTC, valued at approximately $1.6 billion based on the market price of $82,534 as of March 31.
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