Riot Platforms Achieves Record Revenue and Expands Data Center Footprint

Riot Platforms, Inc., a leading provider of large-scale data centers and bitcoin mining applications, has reported its financial results for 2025. The company achieved record annual revenue of $647.4 million, representing a significant increase from the previous year.

The growth in revenue can be attributed to several factors, including increased Bitcoin mining revenue and strategic land acquisitions. Specifically, the company produced 5,686 bitcoin in 2025, compared to 4,828 in 2024. The average cost to mine one bitcoin, excluding depreciation, was $49,645, while the production value of one bitcoin mined was $101,350.

Riot Platforms has also made significant strides in its expansion into data center development. The company announced a data center lease with AMD, which marks a major milestone in its efforts to become a leading player in the data center market.