Hannah Cho
Hannah Cho and Hubert Marleau each announced that they will retire from their positions as members of the Board and from all committees, effective immediately.
Highest-materiality recent filing
Riot Q1 revenue $167.2M; Data Center revenue $33.2M; AMD expands to 50 MW
Total revenue $167.2M vs $161.4M YoY; Bitcoin mining revenue $111.9M (down from $142.9M).
Riot Platforms amends $200M credit facility with Coinbase Credit; fixed rate, maturity extended
Second Amended and Restated Credit Agreement replaces May 2025 agreement; $200M facility unchanged.
Riot Platforms adopts phased board declassification effective March 26, 2026
Board adopted amended bylaws to declassify board in response to non-binding stockholder proposal from 2025 annual meeting.
Riot Platforms posts record FY2025 revenue of $647M, bitcoin production up 18% YoY
Record annual revenue of $647.4M, up 72% from $376.7M in FY2024; gross profit of $302M.
Riot buys Rockdale land for $96M, signs 10-year data center lease with AMD for 25 MW
Fee-simple acquisition of 200 acres at Rockdale site for $96M, funded by selling ~1,080 bitcoin.
Colin Yee transitions from CFO to Senior Advisor; receives one-time transition bonus of $83,333.33.
Riot Platforms CFO transition; CEO/Chair base salary raised to $900K, Bitcoin pay eliminated
CFO Colin Yee steps down March 1, 2026, becomes Senior Advisor; EVP Jason Chung succeeds as CFO.
Riot Platforms enters $500M ATM equity offering, terminates prior $750M program
New sales agreement with 9 agents for up to $500M in common stock at-the-market.
Riot Platforms Q3 revenue record $180.2M; net income $104.5M vs loss year ago
Record quarterly revenue of $180.2M, up from $84.8M in Q3 2024.
Riot Platforms Q2 2025 net income $219.5M, adjusted EBITDA $495.3M, revenue up 119% YoY
Revenue $153.0M vs $70.0M in Q2 2024; Bitcoin mining revenue $140.9M (up $85.1M).
Riot Platforms say-on-pay fails; stockholders approve declassification proposal
Director nominees Jaime Leverton and Douglas Mouton elected as Class I directors with ~121M and ~125M votes for.
Riot Platforms upsizes Coinbase credit facility from $100M to $200M
Facility increased to $200M from $100M under amended and restated credit agreement with Coinbase Credit.
Riot reports record Q1 revenue of $161.4M, acquires Rhodium assets for $185M settling litigation
Q1 revenue $161.4M (vs $79.3M YoY); produced 1,530 BTC; cost to mine $43,808/coin.
Riot Platforms enters $100M bitcoin-collateralized credit facility with Coinbase Credit
Secured term loan up to $100M, collateralized by bitcoin, USDC, and cash held at Coinbase Custody Trust.
Riot Platforms registers 8.2M shares for resale as part of Rhodium asset acquisition and settlement
Company filed prospectus supplement registering up to 8,200,000 shares for resale by Rhodium 2.0 LLC.
Riot Platforms renews CFO Colin Yee's agreement; severance terms updated
Amended agreement renews Colin Yee as CFO for 36-month initial term, effective April 12, 2025.
Riot to acquire Rhodium assets at Rockdale for $185M; adds 125 MW power capacity
Total consideration of $185M: $129.9M cash, $49.0M in RIOT shares, and $6.1M deposit return.
Riot Platforms reports FY2024 record revenue $376.7M, net income $109.4M, Bitcoin holdings 17,722
Total revenue $376.7M (up 34% YoY); net income $109.4M, record adjusted EBITDA $463.2M.
Appointed Jaime Leverton (ex-Hut 8 CEO), Doug Mouton (Meta/Microsoft data center lead), and Michael Turner (ex-Oxford Properties president) to Board.
Riot Platforms halts Corsicana Bitcoin mining expansion, evaluating 600 MW for AI/HPC use
Halted 600 MW Phase II Bitcoin mining at Corsicana; existing 400 MW mining continues.
Riot Platforms enters Coinbase prime brokerage deal; registers 180K shares for resale
Entered Coinbase Prime Broker Agreement for custody, trade execution, lending, and post-trade credit services.
Closed $594.4M 0.75% convertible senior notes due 2030; net proceeds ~$579.2M.
Riot acquires 5,117 Bitcoin for $510M; total holdings reach 16,728
Acquired ~5,117 BTC between Dec 10-12, 2024 for ~$510M at avg price ~$99,669/BTC.
Riot Platforms closes $525M 0.75% convertible note offering due 2030, net proceeds ~$511.5M
$525M aggregate principal of 0.75% convertible senior notes due 2030, net proceeds ~$511.5M after discounts and expenses.
Riot Platforms prices $525M 0.75% convertible notes due 2030, upsized from $500M
Net proceeds estimated at ~$511.5M ($584.6M if full $75M option exercised).
Riot Platforms announces $500M convertible note offering; holds 11,425 BTC ($1.102B)
Offering $500M aggregate principal of convertible senior notes due 2030; initial purchasers can buy additional $75M.
Riot Platforms amends exec employment agreements for CEO, Exec Chairman, EVP GC, and EVP Corp Dev
Agreements amended with Jason Les (CEO), Benjamin Yi (Exec Chairman), William Jackman (EVP GC), Jason Chung (EVP Corp Dev).
Riot Q3 net loss $154M, revenue $84.8M, cuts hash rate guidance
Net loss of $154.4M ($0.54 EPS); revenue $84.8M, up 65% YoY from $51.9M.
Riot and Bitfarms settle; director appointed, special meeting set for Nov 2024
Andrés Finkielsztain resigns from Bitfarms board; Amy Freedman appointed, effective Sept 23, 2024.
Riot Platforms files 8-K/A to correct auditor consent and exhibit description
Amends original 8-K to add omitted S-8 registration statement references to Deloitte consent.
Riot Platforms eliminates Data Center Hosting segment; recasts prior financials
All data center hosting and colocation contracts terminated as of Jan 1, 2024.
Riot Platforms enters new $750M ATM equity facility, replacing prior $278M unsold balance
New Controlled Equity Offering Sales Agreement with eight sales agents for up to $750M of common stock at market prices.
Riot posts Q2 net loss of $84.4M; revenue down 9% YoY; raises 2024 hash rate guidance to 36 EH/s
Total revenue $70.0M (-9% YoY); Bitcoin mining revenue $55.8M (+12% YoY); engineering revenue $9.6M (-50% YoY).
Riot acquires Block Mining for $92.5M; adds 60 MW capacity, targets 16 EH/s by 2025
Total consideration at close: $18.5M cash + $74M in Riot stock (based on 20-day VWAP of $10.22).
Riot requisitions Bitfarms special meeting to reconstitute board, withdraws $2.30/share offer
Riot requisitions Bitfarms special meeting to remove directors Bonta, Finkielsztain, and any replacement for Grodzki; nominates three independent candidates.
Riot shareholders approve doubling authorized shares to 680M and 15M equity plan increase
Shareholders approved amendment to Articles to increase authorized common shares from 340M to 680M.
Riot provides Corsicana facility development update; full presentation not included
Corporate presentation filed as Exhibit 99.1 covers Corsicana facility on 265 acres in Navarro County, Texas.
Riot Platforms appoints Stephen Howell as COO, effective June 1, 2024
Stephen Howell, formerly CEO of subsidiary ESS Metron, appointed COO effective June 1, 2024.
Proposal: cash + stock; Bitfarms shareholders would own ~17% of combined entity; no financing contingency.
Riot Q1 net income $211.8M ($0.82 EPS), revenue $79.3M; Corsicana facility energized
Net income $211.8M ($0.82 EPS) vs $18.5M ($0.11) YoY; adjusted EBITDA record $245.7M.
Hannah Cho and Hubert Marleau each announced that they will retire from their positions as members of the Board and from all committees, effective immediately.
Hannah Cho and Hubert Marleau each announced that they will retire from their positions as members of the Board and from all committees, effective immediately.
Effective as of June 1, 2024, Riot Platforms, Inc. (“Riot” or the “Company”) appointed Mr. Stephen Howell, 48, to Chief Operating Officer (“COO”) of the Company.
Max materiality 0.85 · Median 0.70 · Most common event other_material