Today, Riot Platforms, Inc. (NASDAQ:RIOT) reported production of 450 Bitcoin in June 2025, down 12% since May, but up 76% year-on-year. The company also saw a surge in electricity units totaling $5.6 million, more than doubled from the previous month.
Riot sold 397 Bitcoin for $41.7 million, representing a 21% decline since May and a 19% decline in revenue, but the average price per coin ($105,071) rose. The company ended the month with 19,273 Bitcoins held for more than twice the amount held in June 2024.
The average operating hashrate was 29.8 EH/s, a 5% decrease in the month of the month, but remains 162% higher than a year ago. The fleet’s efficiency was stable at 21.2 j/th, improving by 18% over the previous year.
“Riot mined 450 Bitcoins in June, representing the launch of Ercot’s four accidental peaks (‘4CP’) program,” said Jason Les, CEO of Riot. “Riot’s power strategy, including economic reductions and voluntary participation in 4CP and other demand-responding programs, contributes significantly to the stability of the grid while enhancing Riot’s competitive positioning.”
June performance continued in a similar April, with Riot producing 463 bitcoins and selling 475 bitcoins at an average price of $81,731 for $38.8 million, completing a major acquisition. The company acquired all of the tangible assets of Rhodium at its Rockdale facility, which includes a power capacity of 125 MW.
“April was a significant month for the riots as it closed the acquisition of all tangible assets of Rhodium at the Rockdale facility, including 125 MW of electricity capacity. “This transaction marks the full exit for the riots from the Bitcoin mining hosting business, marking the full exit for the riots from the Bitcoin mining hosting business.”
Source: https://bitcoinmagazine.com/news/bitcoin-miner-riot-produces-450-bitcoin-in-june
