Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Revenue:
Total revenue	$ 180,229	$ 84,786	$ 494,604	$ 234,100
Costs and expenses:
Acquisition-related costs		3,079	187	3,079
Selling, general, and administrative	69,832	66,936	217,182	185,777
Depreciation and amortization	82,929	60,000	244,052	129,669
Change in fair value of bitcoin	(133,120)	(8,554)	(395,892)	(166,231)
Change in fair value of derivative asset	(10,792)	24,318	(9,939)	(23,398)
Power curtailment credits	(30,634)	(12,417)	(46,748)	(31,445)
Change in fair value of contingent consideration	1		(17,641)
Loss on contract settlement			158,137
Gain on acquisition post-close dispute settlement			(26,007)
Loss (gain) on sale/exchange of equipment	(2,742)		(2,263)	68
Casualty-related charges (recoveries), net	(47)		(166)	(2,487)
Impairment of property and equipment	15,279	0	15,279	0
Total costs and expenses	100,178	206,299	432,281	268,712
Operating income (loss)	80,051	(121,513)	62,323	(34,612)
Other income (expense):
Interest income	3,919	5,530	10,650	22,185
Interest expense	(8,052)	(355)	(16,453)	(1,053)
Gain (loss) on equity method investment - marketable securities	28,903	(38,082)	(28,192)	(13,620)
Other income (expense)	1,344	90	1,681	131
Total other income (expense)	26,114	(32,817)	(32,314)	7,643
Net income (loss) before taxes	106,165	(154,330)	30,009	(26,969)
Current income tax benefit (expense)	(1,685)	(32)	(2,442)	(65)
Net income (loss)	$ 104,480	$ (154,362)	$ 27,567	$ (27,034)
Basic net income (loss) per share (in Dollars per share)	$ 0.3	$ (0.54)	$ 0.08	$ (0.1)
Diluted net income (loss) per share (in Dollars per share)	$ 0.26	$ (0.54)	$ 0.08	$ (0.1)
Basic weighted average number of shares outstanding (in Shares)	347,085,375	286,243,674	337,688,455	261,977,695
Diluted weighted average number of shares outstanding (in Shares)	403,179,486	286,243,674	389,070,336	261,977,695
Bitcoin Mining
Revenue:
Total revenue	$ 160,792	$ 67,491	$ 444,540	$ 194,651
Costs and expenses:
Cost of revenue (excludes depreciation and amortization presented below):	95,765	51,472	248,758	123,296
Engineering
Revenue:
Total revenue	19,097	12,638	43,593	26,940
Costs and expenses:
Cost of revenue (excludes depreciation and amortization presented below):	13,707	13,517	35,371	27,796
Other
Revenue:
Total revenue	$ 340	4,657	6,471	12,509
Costs and expenses:
Cost of revenue (excludes depreciation and amortization presented below):		$ 7,948	$ 11,971	$ 22,588

Riot Platforms, Inc. 10-Q