Riot Platforms' 2025 revenue hits a record high of $647 million, accelerating the expansion into AI and high-performance computing businesses

2026-03-03 00:46:03

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Odaily Planet Daily reports that Bitcoin mining company Riot Platforms announced its full-year 2025 performance, setting a new record high for revenue. The company achieved a total revenue of $647.4 million, a significant increase from $376.7 million in 2024.

In 2025, Riot mined a total of 5,686 bitcoins, up from 4,828 in the previous fiscal year. As of now, the company holds over 18,000 bitcoins. Benefiting from Bitcoin’s all-time high price in 2025, the company’s Bitcoin mining revenue rose to $576.3 million, up from $321 million in 2024.

Riot CEO Jason Les stated that 2025 is a pivotal year for the company’s strategic transformation. By releasing nearly 2 gigawatts of power reserves for high-demand data center infrastructure, the company is accelerating its shift toward becoming a provider of AI and high-performance computing (HPC) infrastructure, creating long-term value for shareholders.

In January this year, Riot reached a data center partnership agreement with semiconductor company AMD, and the first phase of leasing operations began in January 2026, contributing revenue to the company. Activist investment firm Starboard Value previously stated that Riot’s potential valuation for its AI and HPC transformation could reach as high as $21 billion.

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