Bitcoin miner Riot Platforms produced 514 bitcoins in May 2025, an 11% increase from the 463 bitcoins mined in April and more than double the 215 produced in the corresponding month in 2024. With this output, Riot Platforms produced an average of 16.6 bitcoins per day, approximately one more than it did in April. However, the miner’s daily average of mined bitcoins this past month is 139% higher than May 2024.

According to the miner’s unaudited production and operations updates, Riot also realized $51.3 million from the sale of 500 bitcoins, which were offloaded at an average price of $102,591. In contrast, the 475 bitcoins it sold at an average price of $81,731 in April generated $38.8 million in revenue.

Jason Les, CEO of Riot, attributed the company’s strong showing in May to strides made by prioritizing operational efficiency.

“In May, Riot made significant progress across our bitcoin mining and data center platforms,” Les stated. “Riot mined 514 bitcoin in May, an 11% increase over the previous month, and we will continue to prioritize operational excellence as we head into the summer months in Texas and Kentucky.”

Besides the increased bitcoin output, Riot also closed on the acquisition of 355 acres near its Corsicana site. The CEO said the additional land will support the development of data centers, which he said typically require larger footprints than bitcoin mining to utilize the same power capacity. Les added that his company remains on the lookout for additional land parcels to ensure its Corsicana site is “ideally suited to support designs for data centers that serve the needs of hyperscale and enterprise tenants.”

Meanwhile, the miner’s May financial results show that unlike in 2024, when it received $7.1 million in total power credits, it scored less this past May, registering $2.2 million. However, the May total was still 6% higher than in April.

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