Riot Platforms, Inc. (RIOT) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.256 First Quarter 2025 Earnings Conference Call. 00:00:04.256 -- 00:00:09.002 Please note that all participants have been placed in listen-only mode until the question 00:00:09.002 -- 00:00:14.528 and answer session begins following the company's presentation of its prepared remarks. 00:00:14.528 -- 00:00:18.353 Please also be advised that today's call is being recorded. 00:00:18.353 -- 00:00:23.539 I would now like to hand the conference over to Phil McPherson, Vice President of Capital 00:00:23.539 -- 00:00:26.483 Markets and Investor Relations at Riot Platforms. 00:00:26.483 -- 00:00:28.923 Please go ahead. 00:00:28.966 -- 00:00:34.294 Thank you, Lisa. Good afternoon and welcome to Riot Platform's first quarter 2025 earnings 00:00:34.294 -- 00:00:39.023 conference call. My name is Phil McPherson, Vice President of Capital Markets and Investor 00:00:39.023 -- 00:00:44.433 Relations, and joining me on today's call from Riot are Jason Less, CEO, 00:00:44.433 -- 00:00:49.542 Benjamin Yee, Executive Chairman, Colin Yee, CFO, and Jason Chung, 00:00:49.542 -- 00:00:53.761 Executive Vice President and Head of Corporate Development and Strategies. 00:00:53.761 -- 00:00:58.131 On the RIOT Investor Relations website, you can find our first quarter 2025 earnings 00:00:58.131 -- 00:01:02.842 press release and accompanying earnings presentation, which are intended to supplement 00:01:02.842 -- 00:01:07.649 today's prepared remarks and which include a discussion of certain non-GAAP items. 00:01:07.649 -- 00:01:12.636 Non-GAAP financial measures provided should not be considered as a substitute for or 00:01:12.636 -- 00:01:17.643 superior to the measures of financial performance prepared in accordance with GAAP 00:01:17.643 -- 00:01:22.990 and are ...