---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-001389"
form_type: "8-K"
ticker: "RIOT"
cik: "0001167419"
company_name: "Riot Platforms, Inc."
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T05:27:45.859131+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Riot Platforms reports FY2024 record revenue $376.7M, net income $109.4M, Bitcoin holdings 17,722

## Summary
- Total revenue $376.7M (up 34% YoY); net income $109.4M, record adjusted EBITDA $463.2M.
- Mined 4,828 Bitcoin at avg cost $32,216/coin; held 17,722 Bitcoin valued ~$1.65B at year-end.
- Raised $579M net from convertible notes to acquire 5,784 Bitcoin; Bitcoin yield 39%.
- Acquired Block Mining and E4A Solutions; pursuing AI/HPC at Corsicana Facility (600 MW unutilized).
- All-in power cost 3.4 c/kWh; working capital $439.1M, cash $277.9M.

## SEC filing metadata
- accession: 0001558370-25-001389
- form_type: 8-K
- ticker: RIOT
- cik: 0001167419
- company_name: Riot Platforms, Inc.
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1167419/000155837025001389/0001558370-25-001389-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1167419/000155837025001389/riot-20250224x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-001389
- JSON: https://secwatch.observer/filing/0001558370-25-001389.json
- Plain text: https://secwatch.observer/filing/0001558370-25-001389.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.