Riot Platforms reported its full-year financial results for 2024, revealing total revenue of $376.7 million, a 34% increase from $280.7 million in 2023. The growth was primarily driven by a substantial rise in Bitcoin mining revenue, which contributed an additional $132 million. The company produced 4,828 Bitcoin during the year, down from 6,626 Bitcoin the previous year. Riot's deployed hash rate reached 31.5 EH/s. Analysts have mixed views on the company's future, with Needham maintaining a Buy rating but lowering the price target to $13.50 from $16, citing Bitcoin market challenges. H.C. Wainwright reiterated a Buy rating with a price target of $17, while Cantor Fitzgerald also maintained an Overweight rating but cut its price target to $21 from $23. Looking ahead, Riot is exploring opportunities in the AI and high-performance computing sectors, leveraging its Corsicana facility, which has a total capacity of one gigawatt, with 600 megawatts currently unutilized.