Riot Platforms posted its first quarterly loss since 2022, which came as a surprise to many.

- The loss was $84.4 million, or $0.32 per share, which was twice as much as expected.

- Expenses increased by $41.4 million, reaching $61.2 million.

- Revenues fell 8.75% to $70 million.

- Bitcoin production decreased by 52% to 844 BTC.

Riot shares fell 1.18% after the report. 📉

Source: Riot Platforms, Google Finance