🚀 Bitcoin mining giant Riot Platforms is on a roll! They've reported a whopping 65% revenue increase year-on-year, raking in $84.8 million this quarter. CEO Jason Les attributes this to a significant boost in deployed hash rate, allowing them to mine 1,104 Bitcoin despite the halving.

However, it's not all smooth sailing. Expansion plans hit a snag due to challenges at their US facilities, trimming their hashrate projections. But fear not, Riot remains optimistic with a robust balance sheet boasting $1.3 billion in cash and equity securities, and 10,427 Bitcoin in reserve. 💪

Join the convo below! What are your thoughts on Riot's future? 📈👇