Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity

6 days ago

Riot Platforms (RIOT) reported beardown operational show successful March 2025, highlighted by continued enlargement into the artificial quality (AI) and high-performance computing (HPC) sector.

The company's bitcoin (BTC) accumulation past period roseate to 533 BTC, the astir since the reward halving astir a twelvemonth ago. The fig represents a month-on-month summation of 13% and 25% much than a twelvemonth before. Bitcoin holdings grew to 19,223 BTC.

Riot said it plans to "aggressively pursue" improvement of its Corsicana installation to capitalize connected rising request for compute infrastructure utilized successful AI and HPC.

A precocious completed feasibility survey by manufacture advisor Altman Solon confirmed the important imaginable of the tract to enactment up to 600 megawatts of further capableness for AI/HPC applications. Key advantages see 1.0 gigawatt of secured power, 400 MW of which is already operational, 265 acres of onshore with important improvement imaginable and adjacent proximity to Dallas — a large hub for AI and unreality computing.

The survey noted the site’s quality to enactment some inference and cloud-based workloads, strengthening its entreaty to AI/HPC tenants.

Riot maintained a dependable deployed hash complaint of 33.7 EH/s, portion its mean operating hash complaint grew 3% month-over-month to 30.3 EH/s—representing a 254% summation year-over-year. Although powerfulness credits declined owed to seasonal factors, Riot kept its all-in powerfulness outgo debased astatine 3.8 cents per kWh, and improved fleet ratio to 21.0 J/TH, a 22% betterment from the erstwhile year.

Riot’s shares fell 5.5% Friday, portion the Nasdaq 100 scale dropped 2.8%. They person mislaid 35% year-to-date.

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