Bitcoin mining company Riot Platforms hits record high output after halving, while expanding AI computing business

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MarsBit
04-04
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Mars Finance News: Riot Platforms, a Bitcoin mining company, has achieved a new production high after the halving event, while simultaneously expanding its AI computing capacity. The company's BTC production in March reached 265 BTC, a 36% year-on-year increase, primarily due to the deployment of new mining machines and improved operational efficiency. Riot also announced plans to convert part of its mining facilities into AI cloud computing centers to develop new revenue streams. Following this news, its stock price rose 3% after-hours. Analysts suggest that mining companies' diversification into the AI field may become a new industry trend.

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