Riot Platforms(US:RIOT) Globenewswireยท2025-08-05 13:00Core Insights - Riot Platforms, Inc. produced 484 Bitcoin in July 2025, marking an 8% increase from June 2025 and a 31% increase year-over-year [1][2][4] - The company achieved an average Bitcoin production of 15.6 per day, which is a 4% increase month-over-month and a 31% increase year-over-year [2][4] - Riot's Bitcoin holdings reached 19,287, reflecting a 0% change from the previous month but a 99% increase from July 2024 [2][4] Production and Financial Metrics - Bitcoin sold in July totaled 475, resulting in net proceeds of $54.8 million, a 32% increase from June 2025 [2][4] - The average net price per Bitcoin sold was $115,411, which is a 10% increase from the previous month [2][4] - The total deployed hash rate remained stable at 35.5 EH/s, while the average operating hash rate increased to 30.2 EH/s, a 1% increase from June 2025 [2][4] Power Management and Efficiency - Riot reported an all-in power cost of 2.8 cents per kWh, a decrease of 37% month-over-month and 31% year-over-year [2][4] - Total power credits amounted to $13.9 million, a significant increase of 160% from June 2025 [2][4] - Fleet efficiency improved to 21.2 J/TH, maintaining the same level as the previous month but showing an 18% improvement year-over-year [2][4] Operational Developments - The company closed on an additional 238 acres in Corsicana, TX, bringing total ownership in the area to 858 acres, which supports future data center development [5] - Riot is actively recruiting for various positions to support its expansion and operational needs [5][6]