Riot Platforms Inc. reported strong revenue growth in its second-quarter earnings, but its stock declined in after-hours trading despite beating analyst expectations.

Riot Platforms Inc. is poised for a significant moment as it prepares to release its quarterly earnings report, with analysts projecting a notable turnaround and a bullish outlook for Bitcoin potentially driving up demand for its mining services.

Riot Platforms, Inc. has made a strategic move in the cryptocurrency sector by selling 2.8 million shares of Bitfarms Ltd., adjusting its beneficial ownership to 12.3% and solidifying its position as a key player in Bitcoin-related investments.

Riot Platforms Inc. reported a significant 11% increase in Bitcoin production in May 2025, while also making strategic moves to expand into high-performance computing and AI hosting, despite facing market challenges.