Bitcoin Miner Riot Platforms Achieves Record Q3 Revenue Amid Market Volatility
Riot Platforms, a leading Bitcoin mining company, reported a record third-quarter revenue of $180.2 million, showcasing strong operational growth despite a temporary stock dip. The company's net income stood at $104.5 million, driven by a 27% year-over-year increase in Bitcoin production, totaling 1,406 BTC. However, rising mining costs, which reached $46,324 per coin, and a 4.87% decline in RIOT shares post-announcement highlighted market volatility. This performance underscores the resilience of Bitcoin miners in adapting to fluctuating market conditions while expanding their operations.
Riot Platforms Reports Record Q3 Revenue Despite Stock Dip
Riot Platforms delivered a robust third-quarter performance, posting $180.2 million in revenue alongside $104.5 million net income. The bitcoin miner's operational expansion drove a 27% year-over-year production increase to 1,406 BTC, though rising mining costs reached $46,324 per coin.
Market reaction proved mixed as RIOT shares fell 4.87% post-announcement, despite revenue more than doubling from Q3 2024. The divergence highlights investor sensitivity to operational costs in an increasingly competitive mining landscape.
Coinbase Expands Bitcoin Holdings by $300M in Q3 as Revenue Soars
Coinbase has aggressively increased its Bitcoin treasury, adding 2,772 BTC worth $300 million during Q3 2025. CEO Brian Armstrong confirmed the move, bringing the exchange's total BTC holdings to 14,548 BTC ($1.57 billion) as it executes its "Everything Exchange" strategy.
The platform reported a 55% revenue surge to $1.9 billion, with transaction revenue hitting $1.05 billion. Institutional investors drove 80% of the $295 billion trading volume, while custodial assets crossed $300 billion for the first time.
Bitcoin Rebounds Amid U.S.-China Trade Agreement Progress
Bitcoin's price recovery gained momentum as geopolitical developments overshadowed earlier bearish sentiment from monetary policy. The cryptocurrency, which had dipped following the Federal Reserve's decision to maintain higher rates, found support after former President Donald TRUMP announced a breakthrough in trade negotiations with China.
Key to the rally was Trump's statement on resolving rare earth elements trade barriers, signaling potential de-escalation in economic tensions. "The issues with the rare earth elements have been resolved and further obstacles will be cleared," Trump remarked, injecting Optimism into risk assets. Market participants are now weighing whether tariff reductions could create more favorable conditions for speculative assets.
Nordea to Launch Bitcoin-Linked Synthetic ETP in December 2025
Nordea Bank is making a decisive move into digital assets with plans to introduce a Bitcoin-linked synthetic exchange-traded product (ETP) by December 2025. Partnering with CoinShares International Limited, the Nordic bank aims to meet growing institutional and retail demand for regulated crypto exposure. The product will not involve direct Bitcoin ownership but instead track its performance through derivatives—a structure designed to comply with evolving EU regulations.
The shift follows the implementation of the Markets in Crypto-Assets (MiCA) framework, which has given traditional financial institutions clearer guidelines for crypto offerings. "This bridges traditional finance with digital markets," a Nordea spokesperson noted, marking a reversal from the bank’s historically cautious stance. The synthetic ETP will initially launch on Nordea’s Nordic platforms, avoiding direct custody complexities while providing price exposure.
Nordea’s pivot reflects broader institutional momentum. European banks are increasingly exploring crypto products as MiCA standardization takes effect. The synthetic structure mirrors strategies used by other regulated entities to mitigate operational risks while participating in Bitcoin’s growth narrative.
Bitcoin Bulls Find Encouragement in Long-Term Moving Average Indicator
Bitcoin's recent price volatility has drawn global investor attention, with analysts identifying a potential bullish signal in its long-term moving average. The indicator, which smooths out short-term fluctuations, suggests a possible upward trend for the cryptocurrency.
Market observers note Bitcoin's approach to a critical moving average level—historically a precursor to rallies. "The moving average provides a clearer perspective on Bitcoin's trajectory," one analyst remarked, highlighting its utility in cutting through market noise.
Bitcoin (BTC) Price Prediction: November's Historical Strength Faces October's Bearish Pressure
Bitcoin's October performance has defied historical trends, posting a 3.7% decline to $110,012—marking its first negative October since 2018. The cryptocurrency's failure to sustain its typical "uptober" rally reflects broader market pressures, including escalating US-China trade tensions and hawkish signals from the Federal Reserve.
Market analysts highlight a critical resistance level at $114,500, with a weekly close above this threshold necessary to avert deeper corrections. Strategy Inc's bullish outlook, forecasting $150,000 by 2025, contrasts with immediate technical challenges. November's historical median return of 10.82% offers a potential recovery narrative, though on-chain data suggests traders remain cautious after October's flash crash.
