Riot Platforms Inc - Company Profile

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Riot Platforms Inc: Overview

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Riot Platforms Inc (Riot Platforms), formerly Riot Blockchain Inc, develops, operates, and supports blockchain technologies. Its primary operations include mining of cryptocurrencies and the development of exchange and mining pool platforms. The company also provides co-location services, installation services, electricity distribution product, power distribution equipment and custom engineered electrical products. It serves as a medium of exchange, store of value, or unit of account. Riot Platforms uses application-specific integrated circuit (ASIC) chips to mine Bitcoin. It provides critical mining infrastructure for institutional scale clients at the Rockdale Facility. The company also conducts development activities at the Corsicana facility. It has data center hosting operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. Riot Platforms is headquartered in Castle Rock, Colorado, the US.

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Headquarters United States of America
Address 3855 Ambrosia Street, Suite 301, Castle Rock, Colorado, 80109
Website www.riotplatforms.com
Telephone 1 303 7942000
No of Employees 534
Industry Technology and Communications
Ticker Symbol & Exchange RIOT (NASD)
Revenue (2022) $280.7M 8.3% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 90.3% (2022 vs 2021)
Market Cap* $2.0B
Net Profit Margin (2022) XYZ 91.0% (2022 vs 2021)
* As of and is in US$
View Riot Platforms Inc financials
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Riot Platforms Inc premium industry data and analytics

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Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

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IT Software Contracts

Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for Riot Platforms Inc (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Riot Platforms Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Blockchain-Based Escrow Service
Cryptocurrency Accounting and Audit Technology Services
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Financing Agreements In March, the company invested in Reformed Energy Inc.
2024 Contracts/Agreements In February, the company entered into an agreement to acquire 31,500 next-generation M60S miners from MicroBT.
2024 Contracts/Agreements In February, the company and HashHouse Tech entered into a partnership the deliver 200 MW of immersion equipment infrastructure.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Riot Platforms Inc Hut 8 Corp HIVE Digital Technologies Ltd Digihost Technology Inc BCII Enterprises Inc
Headquarters United States of America United States of America Canada Canada United States of America
City Castle Rock Miami Vancouver Toronto Santa Monica
State/Province Colorado Florida British Columbia Ontario California
No. of Employees 534 98 18 13 -
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Benjamin Yi Chairman Executive Board 2021 41
Jason Les Chief Executive Officer; Director Executive Board 2021 37
Colin Yee Chief Financial Officer Senior Management 2022 47
Ryan Werner Senior Vice President; Chief Accounting Officer Senior Management 2022 43
Lyle Theriot Chief Operating Officer - Whinstone; Head of Construction Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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