Riot Platforms reports 333 BTC mined in August; record $31.7M power credits

Riot Platforms, Inc.

Produced 333 Bitcoin in August 2023; power and demand response credits hit record $31.7M, surpassing full-year 2022 total.
Power credits equated to ~1,136 BTC at average August price, significantly lowering cost to mine.
Self-mining hash rate target of 12.5 EH/s at Rockdale by end of 2023; 20.1 EH/s at Corsicana by mid-2024.
Shareholder class action dismissed with prejudice by New Jersey District Court on August 25, 2023.
Curtailed power usage >95% during Texas heat wave, supporting ERCOT grid stability.

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