**[Riot's Q3 Net Profit Reaches $104.5 Million, Record Revenue Hits $180.2 Million]** Crypto mining company Riot Platforms released its third-quarter financial report, showing a net profit of $104.5 million and record revenue of $180.2 million, more than doubling year-over-year (compared to $84.8 million in the same period last year), reversing the previous quarter's loss. The growth in performance was primarily driven by an increase of $93.3 million in Bitcoin mining revenue, with the company mining a total of 1,406 Bitcoins during the quarter. Despite global hash rate surging by 52% compared to the previous quarter, the average mining cost per Bitcoin (excluding depreciation) rose to $46,324. Riot benefited from power credits that offset part of the costs. Adjusted EBITDA reached $197.2 million, including $133.1 million in Bitcoin accounting gains. CEO Jason Les stated that the company is accelerating the expansion of its data center business, including the development of the 112-megawatt Corsicana facility, aiming to transform into a large-scale diversified data center operator. Currently, Riot holds nearly 20,000 Bitcoins, valued at over $2 billion, making it the second-largest reserve among mining companies. Following the release of the financial report, Riot's stock price closed down 4.87% on the day.