Riot Platforms generated $647 million in revenue in 2025 and held over 18,000 BTC.

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Riot Platforms reported revenue of $647.4 million in fiscal year 2025, up from $376.7 million in 2024; it produced 5,686 BTC, up from 4,828 the previous year, and currently holds over 18,000 BTC. Driven by rising Bitcoin prices, BTC mining revenue rose to $576.3 million, from $321 million the previous year. The average mining cost per BTC increased from $32,216 to $49,645 during the same period. The company stated it is accelerating its transformation towards artificial intelligence and high-performance computing (AI & HPC) infrastructure, and launched a data center partnership with AMD in January 2026, which began generating revenue. (The Block)

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