Commentary on Riot Blockchain’s Q2’22 Earnings
Quick Take
- Reported Q2’22 earnings on August 15, 2022 after filing a delayed filing notification due to goodwill impairments, market turmoil and macro factors
- Trades at $6.40 per share, a 71% decline year-to-date
- Reported revenues of $72.9mm, a 112% YoY increase over $34.3mm in Q2’21
- Produced 1,395 BTC during the 3-months of Q2’22
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Author: Greg Lim
