Riot Platforms RIOT Bitcoin Mining March 2023 Investor Presentation

Riot Platforms presents its bitcoin mining operations and financial position as of March 2023, highlighting 87,264 deployed miners generating 9.8 EH/s hash rate and FY 2022 revenue of $259 million. The company demonstrates strong economics with a cost of 2.96c/kWh, a direct bitcoin production cost of $11,225/BTC, and a 60.3% gross margin, alongside zero long-term debt and $230 million in cash reserves.