Riot Platforms, Inc.
BTC Holdings
19239
Total P&L
+166,251.48%
Total profit/loss on Bitcoin holdings
Average Cost per BTC
$68
Average price paid for each Bitcoin
Share Price
$13.65
Current trading price per share
Market Cap
$5,000M
Total market capitalization
Enterprise Value
$6,000M
Market cap plus debt minus cash
NAV Multiple
2.305
Net Asset Value multiplier
BTC / Market Cap
43.4%
Bitcoin holdings as % of market cap
About Riot Platforms, Inc.
Riot Platforms, Inc., listed on Nasdaq with the ticker RIOT, is a leading Bitcoin mining and digital infrastructure company based in Castle Rock, Colorado. Founded in 2000 as a biotechnology firm, it pivoted to blockchain technology in 2017, focusing on Bitcoin mining and related infrastructure. Its core operations involve operating large-scale mining facilities, optimizing energy-efficient data centers, and developing proprietary software to enhance mining performance, securing the Bitcoin network while generating revenue.
Riot’s treasury strategy emphasizes retaining Bitcoin as a core reserve asset, viewing it as a strategic tool for capital preservation and a hedge against inflation. This approach integrates Bitcoin into its corporate finance framework, aligning with its operational focus on mining. Beyond treasury management, Riot explores broader digital asset strategies, including hosting services for third-party miners and investing in blockchain infrastructure to support the growing digital economy, reinforcing its role in the Bitcoin ecosystem.
Under the leadership of CEO Jason Les, a prominent advocate for Bitcoin’s decentralized principles, Riot maintains a strong industry presence through strategic expansions and partnerships with energy providers to ensure sustainable operations. Its commitment to innovation, evidenced by acquisitions like ESS Metron for electrical engineering expertise, positions Riot as a key player in the digital asset space. By scaling infrastructure and advancing Bitcoin’s adoption, Riot ensures long-term relevance in the evolving landscape of decentralized finance.
Recent Developments
- Aug 5, 2025: Bitcoin holdings increased by 14.00 BTC to 19239 BTC with cost basis of $1.3M (BTC @ $115.1K), stock price $11.42
- May 31, 2025: Bitcoin holdings increased by 14.00 BTC to 19225 BTC (BTC @ $104K), stock price $8.07
- Apr 30, 2025: Bitcoin holdings decreased by 12.00 BTC to 19211 BTC (BTC @ $94.3K), stock price $7.42
- Apr 3, 2025: Bitcoin holdings increased by 531.00 BTC to 19223 BTC (BTC @ $82.8K), stock price $8.02
- Mar 10, 2025: Bitcoin holdings increased by 471.00 BTC to 18692 BTC (BTC @ $81K), stock price $8.37
Riot Platforms, Inc. — Bitcoin Holdings Over Time
1y - Present
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Riot Platforms, Inc. — Stock vs BTC Dynamics
1y - Present
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Balance Sheet History