<p><a href="https://ultramining.com/news/en/riot-platforms-to-boost-efficiency-with-midas-immersion-coolings/" rel="noopener noreferrer nofollow">Riot</a> Platforms, Inc., a prominent player in the North American bitcoin mining sector, stands on the brink of a significant shift. After enduring a financial year loss of $510 million and a trailing twelve-month deficit of $289 million, the $2.4 billion market-cap company is making strides towards breaking even. Analysts anticipate Riot Platforms to overcome its losses by 2024 and project a profit of $160 million in 2025. This turnaround is expected to be driven by an ambitious average annual growth rate of 77%, according to <a href="https://finance.yahoo.com/news/riot-platforms-inc-nasdaq-riot-165914340.html" rel="noopener noreferrer nofollow">Yahoo</a>.</p>
<p>Intriguingly, Riot Platforms operates debt-free, a rarity for growth companies typically burdened by high debt levels. This factor significantly reduces investment risk. However, the company's success hinges on maintaining this remarkable growth trajectory.&nbsp;</p>

Riot Platforms: Navigating the Path to Profitability

Ultramining_Eng

Ďalšie články zverejnené 30. 11. 2023

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