Riot Platforms, Inc. company
Overview
Riot Platforms, Inc. (Nasdaq: RIOT) is a US bitcoin mining company that has been converting part of its power capacity into AI and high-performance computing data centres. It operates large-scale facilities at Rockdale, Texas — believed to be one of the largest bitcoin mining sites in North America by developed capacity — at Corsicana in Navarro County, Texas, and at two sites in Kentucky. Riot revised its self-mining growth plans in 2025, cutting its expected year-end 2025 hash rate capacity from 46.7 EH/s to 38.4 EH/s while reducing associated capital expenditure. In parallel it launched a formal process to evaluate directing roughly 600 megawatts of remaining power capacity at Corsicana toward AI/HPC uses. That pivot has begun producing revenue: CEO Jason Les described Q1 2026 as 'a definitive inflection point' at which Riot became an active, revenue-generating data centre operator, after AMD doubled its contracted capacity at Corsicana from 25 MW to 50 MW — Riot's first material non-bitcoin revenue line. Riot scaled bitcoin mining at Rockdale, Corsicana and two Kentucky sites. In 2025 it cut its planned end-2025 hash rate from 46.7 EH/s to 38.4 EH/s and opened a formal evaluation of about 600 MW at Corsicana for AI/HPC. AMD doubled contracted Corsicana capacity from 25 MW to 50 MW, and Riot described Q1 2026 as its transition into an active data centre operator.
Within the DeFi Intel graph, Riot Platforms, Inc. connects to 9 tracked entities, most strongly to Bitcoin, Bitcoin, Bitcoin (BTC).
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 9 of 9 total).
| Relation | Connected entity | Confidence |
|---|---|---|
mines | Bitcoin | 95% |
mined_by | Bitcoin | 95% |
holds_token | Bitcoin (BTC) | 95% |
holds | Bitcoin (BTC) | 95% |
affects | Bitcoin Fourth Halving | 95% |
competes_with | MARA Holdings, Inc. | 90% |
headquartered_in | United States | 85% |
acquisition_attempt | Bitfarms Ltd. | 85% |
competes_with | Marathon Digital Holdings | 85% |
Frequently asked questions
What is Riot Platforms, Inc.?
Riot Platforms, Inc. is a mining tracked in the DeFi Intel knowledge graph. It is connected to 9 other tracked entities, most strongly to Bitcoin, Bitcoin, Bitcoin (BTC).
What type of entity is Riot Platforms, Inc.?
Riot Platforms, Inc. is classified as a mining (company) in the DeFi Intel knowledge graph.
What is Riot Platforms, Inc. connected to?
In the DeFi Intel knowledge graph, Riot Platforms, Inc. is linked to 9 other tracked entities, most strongly to Bitcoin, Bitcoin, Bitcoin (BTC).
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