---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013957"
form_type: "8-K"
ticker: "RIOT"
cik: "0001167419"
company_name: "Riot Platforms, Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:01:39.738276+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Riot Q3 net loss $154M, revenue $84.8M, cuts hash rate guidance

## Summary
- Net loss of $154.4M ($0.54 EPS); revenue $84.8M, up 65% YoY from $51.9M.
- Bitcoin mining revenue $67.5M; produced 1,104 BTC, cost to mine $35,376/BTC.
- Deployed hash rate 28 EH/s, up 159% YoY; 2024 target cut to 34.9 EH/s from 36.3.
- 2025 hash rate guidance slashed to 46.7 EH/s (prev. 56.6); 2026 target 65.7 EH/s.
- Raised $730.8M via ATM in nine months; post-quarter additional $62.1M at $7.81/shr.

## SEC filing metadata
- accession: 0001558370-24-013957
- form_type: 8-K
- ticker: RIOT
- cik: 0001167419
- company_name: Riot Platforms, Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1167419/000155837024013957/0001558370-24-013957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1167419/000155837024013957/riot-20241030x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013957
- JSON: https://secwatch.observer/filing/0001558370-24-013957.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013957.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
