Riot Platforms Reports 533 BTC Production in March 2025

Riot Platforms (RIOT) reported operational updates for March 2025, focusing on growth in the artificial intelligence (AI) and high-performance computing (HPC) sectors.

Bitcoin production reached 533 BTC, a 13% increase month-over-month and 25% year-over-year.
Bitcoin holdings increased to 19,223 BTC.
The company plans to enhance its Corsicana facility to meet rising demand for AI and HPC compute infrastructure.
A feasibility study indicated potential for 600 megawatts of additional capacity, with secured power of 1.0 gigawatt.
The site can handle both inference and cloud-based workloads, appealing to AI/HPC tenants.
Deployed hash rate remained steady at 33.7 EH/s; average operating hash rate grew 3% month-over-month to 30.3 EH/s, a 254% increase year-over-year.
All-in power cost was maintained at 3.8 cents per kWh, with fleet efficiency improved to 21.0 J/TH, up 22% from last year.
Riot shares fell 5.5%, while Nasdaq 100 index dropped 2.8%, reflecting a year-to-date loss of 35%.