secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001558370-25-009894
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riot Platforms Q2 2025 net income $219.5M, adjusted EBITDA $495.3M, revenue up 119% YoY
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- Revenue $153.0M vs $70.0M in Q2 2024; Bitcoin mining revenue $140.9M (up $85.1M).
- Produced 1,426 bitcoin vs 844 YoY; average cost to mine $48,992 (up from $25,329).
- Held 19,273 bitcoin worth ~$2.1B at June 30, 2025 BTC price of $107,174.
- Working capital $141.1M including $255.4M unrestricted cash and $62.5M marketable securities.
- Engineering revenue $10.6M; $18.5M cumulative capex savings from ESS Metron acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000155837025009894/0001558370-25-009894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000155837025009894/riot-20250731x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-009894

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer