星球日报|3月 02, 2026 23:31
Riot Platforms will achieve a historic revenue of $647 million in 2025, accelerating its expansion into AI and high-performance computing businesses
Odaily Planet Daily News: Bitcoin mining company Riot Platforms announced its full year 2025 performance, with revenue reaching a historic high. The company achieved a revenue of 647.4 million US dollars for the whole year, a significant increase from 376.7 million US dollars in 2024. In 2025, Riot will produce a total of 5686 bitcoins, higher than the previous fiscal year's 4828 bitcoins. As of now, the company holds over 18000 bitcoins. Benefiting from the historic high of Bitcoin prices in 2025, the company's Bitcoin mining revenue has risen to $576.3 million, up from $321 million in 2024. Riot CEO Jason Les stated that 2025 is a crucial year for the company's strategic transformation. By releasing nearly 2 gigawatts of electricity reserves for high demand data center infrastructure construction, the company is accelerating its transformation into an artificial intelligence (AI) and high-performance computing (HPC) infrastructure provider, creating long-term value for shareholders. In January of this year, Riot reached a data center cooperation agreement with semiconductor company AMD and started the first phase of leasing operations in January 2026, contributing revenue to the company. Starboard Value, a radical investment firm, previously stated that Riot's potential valuation for transitioning towards AI and HPC could reach up to $21 billion.
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