## Riot Platforms Reports Significant Q3 Net Income Riot Platforms (RIOT), a prominent Bitcoin mining company, has announced a net income of $104 million for the third quarter. This marks a substantial increase in profitability for the company. ## Doubled Revenue Driven by Bitcoin Mining The company's revenue for the quarter reached $180 million, more than doubling the $84.8 million reported during the same period last year. This impressive growth is primarily attributed to increased Bitcoin production and strategic power management. Riot Platforms has been actively expanding its mining capacity and optimizing its operations to capitalize on the evolving Bitcoin market. ```