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 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.
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 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 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.
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 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 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.
Riot Platforms energizes Corsicana Facility 400 MW substation; targets 31 EH/s by end-2024
First batch of miners in Building A1 are hashing; initial 400 MW phase to add 16 EH/s.
Riot purchases 31,500 MicroBT miners for $96.7M, raising 2024 hash rate target to 31 EH/s
Order of 31,500 M60S miners (5.9 EH/s) at ~$16.50/TH; 70% deposit paid upon execution.
Riot Platforms files new $750M at-the-market equity program, replacing prior ATM
New prospectus supplement registers up to $750M in common stock for ATM sales through Cantor Fitzgerald and other agents.
Riot Platforms reports record FY2023 revenue of $280.7M, net loss narrows to $49.5M
Total revenue $280.7M (up 8% YoY); Bitcoin mining revenue $189.0M; produced 6,626 BTC (up 19%).
Riot orders 66,560 MicroBT miners for $290.5M, secures options for 265,000 more
New purchase order for 66,560 miners (18.02 EH/s); total cost $290.5M; deliveries Apr 2024–Apr 2025.
Riot Q3 revenue $51.9M, net loss $45.3M; record hash rate 10.9 EH/s
Total revenue $51.9M, up from $46.3M; produced 1,106 BTC in quarter.
Riot Platforms reports 333 BTC mined in August; record $31.7M power credits
Produced 333 Bitcoin in August 2023; power and demand response credits hit record $31.7M, surpassing full-year 2022 total.
Total revenue $76.7M (+5% YoY); Bitcoin production 1,775 (+27% YoY); net loss $(27.7)M vs $(353.6)M prior year.
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.
Effective as of February 1, 2023, Mr. Chad Everett Harris is no longer employed by Riot Platforms, Inc. (“Riot” or the “Company”).
Mr. Ryan D. Werner, age 43, was appointed as the Company’s Chief Accounting Officer (principal accounting officer) (“CAO”), effective as of September 26, 2022
Mr. Jeffrey G. McGonegal stepped down from his long-time position as the Chief Financial Officer (principal financial officer and principal accounting officer) (“CFO”) of Riot Blockchain, Inc. (“Riot” or the “Company”), as part of his planned retirement
Mr. Colin M. Yee, age 46, was appointed as the Company’s CFO (principal financial officer), effective as of September 26, 2022
Upon Mr. McGonegal’s retirement, Colin Yee, will succeed Mr. McGonegal as CFO.
On June 1, 2022, Jeffrey G. McGonegal, age 71, the Chief Financial Officer (the “CFO”) of Riot Blockchain, Inc. (“Riot,” “us,” “we,” “our,” or the “Company”) notified the Company of his intent to retire from his position as the Company’s long-standing CFO, to take effect as of August 15, 2022
entered into a Separation and Release Agreement (the “Separation Agreement”) with our Chief Operating Officer, Megan M. Brooks-Anderson, regarding her separation from us, effective as of April 7, 2022
Max materiality 0.85 · Median 0.70 · Most common event other_material