Riot Platforms Achieves Record Revenue of $647 Million in 2025, Accelerates Expansion into AI and High-Performance Computing Business

Odaily News: Bitcoin mining company Riot Platforms announced its full-year 2025 results, achieving record-high revenue. The company's annual revenue reached $647.4 million, a significant increase from $376.7 million in 2024.

In 2025, Riot produced a total of 5,686 Bitcoins, up from 4,828 in the previous fiscal year. As of now, the company holds over 18,000 Bitcoins. Benefiting from Bitcoin reaching a record high price in 2025, the company's Bitcoin mining revenue rose to $576.3 million, compared to $321 million in 2024.

Riot CEO Jason Les stated that 2025 was a pivotal year for the company's strategic transformation. By releasing nearly 2 gigawatts of power reserves for the construction of high-demand data center infrastructure, the company is accelerating its transition into an artificial intelligence (AI) and high-performance computing (HPC) infrastructure provider, creating long-term value for shareholders.

In January of this year, Riot entered into a data center cooperation agreement with semiconductor company AMD, and the first phase of leasing operations commenced in January 2026, already beginning to contribute revenue for the company. Activist investment firm Starboard Value previously indicated that Riot's potential valuation from its pivot towards AI and HPC could be as high as $21 billion.